On 18 December, the mandate of Ms Elke König, Chair of the Single Resolution Board (SRB) was extended for additional five years as of 23 December 2017. Ms König was appointed Chair of the SRB at the end of 2014 for an initial period of three years.
Yesterday’s decision follows a hearing of the SRB Board in its plenary session on 10 October 2017. The European Commission proposal was transmitted to the European Parliament for approval on 4 December 2017, after which the Council was informed. The European Parliament approved the proposal on 12 December 2017.
Following that approval, the Council adopted yesterday an implementing decision to extend the mandate for additional 5 years, until 22 December 2022.
Contact our communications team
Recent news
Guidance, published after public consultation, provides details on the multi-annual testing programme
Regular testing of banks’ ability to deal with a...
The SRB updated its operational guidance on separability to align it with the guidance on resolvability self-assessment. This in line with the SRB’s...
- The guidance is a crucial element of banks' resolvability assessments, representing a paradigm shift towards resolvability self-assessments and...