François-Louis Michaud will assume the role of Chair of the European Banking Authority on April 16, 2026, following appointment by the EU Council. His term is five years, with possible extension.
François-Louis Michaud will take up his position as Chair of the European Banking Authority (EBA) starting from 16 April 2026, following the formal appointment by the Council of the European Union.
Helmut Ettl, Vice Chair of the EBA, congratulated Mr. Michaud, highlighting his extensive experience in banking supervision, regulation, and financial stability across international, European, and national institutions in four countries. He emphasized that Mr. Michaud’s leadership will serve the Authority well during a critical period for the European financial system.
Upon assuming his new role, Mr. Michaud stated that he is committed to ensuring effective and consistent regulation and supervision across the EU, supporting a resilient, efficient, and competitive Single Market. He expressed his intention to build on the foundations laid by his predecessors and to collaborate closely with all EBA stakeholders.
The appointment process included a shortlist provided by the EBA’s Board of Supervisors, interviews in January 2026, and confirmation by the European Parliament on 10 March 2026. The term of office is five years, with one possible extension.
Mr. Michaud has served as the EBA’s Executive Director since September 1, 2020. The EBA will soon begin recruiting the next Executive Director.
