Thomas Gstädtner has been confirmed by the European Parliament as the new Executive Director of the European Banking Authority (EBA) for a five-year term. He will assume duties in the coming weeks.
Following a plenary vote in the European Parliament, Thomas Gstädtner has been confirmed as the new Executive Director of the European Banking Authority (EBA).
He will serve a five-year renewable term, having been selected by the EBA Board of Supervisors from a shortlist of candidates following an open selection process.
Upon confirmation, Thomas Gstädtner stated: “I am honoured to have been confirmed by the European Parliament as the new Executive Director of the EBA. I look forward to working with the Chair, the Board of Supervisors, staff, and stakeholders across Europe to build on the Authority’s strong foundations and support its future development. Together, we will continue to promote a resilient, innovative, and well-integrated European financial sector.”
François-Louis Michaud, Chair of the EBA, congratulated Gstädtner and expressed confidence in his leadership, emphasizing the importance of his experience for the Authority’s evolution.
The Executive Director is responsible for the day-to-day management and operations of the EBA. The term is five years, with the possibility of one extension.
Thomas Gstädtner is expected to assume his duties within the next few weeks.
