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.
Composition
| Year | President* | Vice President* | Board 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) .svg.png){kind=small} | ||||
| 2012 | Benoît Cœuré | Jörg Asmussen | ||||
| 2013 | Yves Mersch | |||||
| 2014 | Sabine Lautenschläger | |||||
| 2015 | ||||||
| 2016 | ||||||
| 2017 | ||||||
| 2018 | Luis de Guindos | |||||
| 2019 | Christine Lagarde | Philip R. Lane (Chief Economist)  | ||||
| 2020 | Fabio Panetta | Isabel Schnabel | ||||
| 2021 | Frank Elderson | |||||
- * Terms are for Board appointments, not for Executive positions.[1]
References
- ^ "Executive Board members – terms of office". European Central Bank.