François-Louis Michaud has been EBA’s Executive Director since 1 September 2020. He is responsible for the general management of EBA. He was appointed by EBA’s Board of Supervisors after confirmation by the European Parliament and reappointed for a second five-year term in 2025. He attends EIOPA’s and ESMA’s boards of supervisors, AMLA’s general board, the Basel Committee on Banking Supervision and the European Council’s Financial Services Committee.
From 2014 to 2020, François-Louis Michaud was Deputy Director General at the European Central Bank (ECB). There, he held responsibilities in the Single Supervisory Mechanism, first in horizontal and specialised supervision, then in the direct supervision of Eurozone systemic banks. As a Deputy Director in banking supervision at France’s Autorité de Contrôle Prudentiel et de Résolution previously, he was early involved in the preparations for the SSM.
At the Bank for International Settlements (BIS) from 2005 to 2009, he worked as a senior economist in the Monetary and Economic Department on the global financial system’s vulnerabilities and served as the Secretary to the BIS Markets Committee during the global financial crisis. A French national, he started his career at Banque de France in 1996, where he held roles in supervision, policy and financial stability, before being seconded to the Federal Reserve Bank of New York (2004-2005). He graduated in Economics, Finance, and Philosophy.