Executive Board of the European Central Bank

The Executive Board of the European Central Bank is the organ responsible for implementing monetary policy for the Eurozone in line with the guidelines and decisions taken by the Governing Council of the European Central Bank.

Members of the Executive Board of the European Central Bank are nominated by agreement between the Heads of Government of the Eurozone countries for a non-renewable eight-year term (members nominated in 1998 for the original board had their terms staged so that one would be replaced each year). Under the ECB's rules board members do not represent a particular country, nor are they responsible for keeping track of economic conditions in one country. Instead, all board members are jointly responsible for monetary policy for the entire Euro area. Members generally take office in June.

Members

Year	Presidents*	Vice Presidents*	Executive Members
1998	Wim Duisenberg	Christian Noyer	Sirkka Hämäläinen	Eugenio Domingo Solans	Tommaso Padoa-Schioppa	Otmar Issing (Chief Economist)
1999
2000
2001
2002		Lucas Papademos
2003	Jean-Claude Trichet		Gertrude Tumpel-Gugerell
2004				José Manuel González Paramo
2005					Lorenzo Bini Smaghi
2006						Jürgen Stark (Chief Economist)
2007
2008
2009
2010		Vítor Constâncio
2011	Mario Draghi		Peter Praet (Chief Economist: 2012–2019)
2012					Benoît Cœuré	Jörg Asmussen
2013				Yves Mersch		Jörg Asmussen
2014						Sabine Lautenschläger
2015
2016
2017
2018		Luis de Guindos
2019	Christine Lagarde		Philip Lane (Chief Economist)
2020	Christine Lagarde		Philip Lane (Chief Economist)		Fabio Panetta	Isabel Schnabel

* Terms are for Board appointments, not for executive positions[1]

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External links

European Central Bank: Executive Board

References

Marsh, David, "The backroom deal that took bazooka out of ECB’s hands", MarketWatch, June 12, 2014. Draghi took over from Trichet as president in late 2011.

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[1] Marsh, David, "The backroom deal that took bazooka out of ECB’s hands", MarketWatch, June 12, 2014. Draghi took over from Trichet as president in late 2011.