The Council today1 adopted a recommendation on the nomination of Sabine Lautenschläger to the executive board of the European Central Bank, to succeed Jörg Asmussen, who has announced his resignation.
The Council's recommendation will be submitted to the European Council for a decision, after consulting the European Parliament and the ECB governing council.
The executive board of the ECB is responsible for implementation of monetary policy for the euro area, as laid down by the governing council. It is composed of the President, a vice-president and four other members, each nominated for a non-renewable term of eight years. The governing council is composed of the six members of the executive board and the governors of the national central banks of the member states of the euro area.
Annex: Curriculum Vitae of Sabine Lautenschläger.
1 The recommendation was adopted by written procedure.