On the proposal of the European Central Bank for the appointment of the Vice-Chair of the Supervisory Board of the European Central Bank
ECON-PR-782289
Committee on Economic and Monetary Affairs · Rapporteur: Aurore Lalucq
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This draft report concerns Parliament's decision on the ECB proposal to extend Frank Elderson's term as Vice-Chair of the Supervisory Board. It approves or declines the appointment based on the candidate's qualifications and gender balance considerations.¶¶¶
Committee position. The Committee on Economic and Monetary Affairs proposes that Parliament approve or decline the appointment of Frank Elderson as Vice-Chair of the Supervisory Board, based on the evaluation and hearing.¶
Key points
- Parliament approves or declines the appointment of Frank Elderson as Vice-Chair of the Supervisory Board of the ECB.¶
- The decision follows the ECB's proposal of 17 December 2025 to extend Elderson's term for a second term coinciding with his Executive Board term.¶
- The candidate must be chosen from ECB Executive Board members and meet gender balance, experience, and qualification requirements.¶¶
- Parliament evaluated the candidate's credentials and held a hearing on 28 January 2026.¶¶
- If declined, Parliament asks for the proposal to be withdrawn and a new one submitted.¶