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New allocation of responsibilities within the Executive Board of the Deutsche Bundesbank

At the beginning of November, Fritzi Köhler-Geib was appointed as new member of the Executive Board. The Executive Board has therefore reallocated its areas of responsibility. The following allocation of responsibilities shall apply with immediate effect.

Executive Board of the Deutsche Bundesbank
Executive Board of the Deutsche Bundesbank ©Gaby Gerster, Alexandra Lechner, Nói Crew
Ten years of the SSM

04.11.2024

On 4 November 2024, the Single Supervisory Mechanism (SSM) celebrates its 10th anniversary: since its inception on 4 November 2014, the largest and most significant banks in the euro area have come under the direct supervision of the European Central Bank (ECB) as part of the SSM. Its aim is to promote financial stability and minimise risk. Joint Supervisory Teams and standardised rulebooks help to harmonise banking supervision and strengthen trust in the European banking system.

Ten years of the SSM
Skyline Frankfurt am Main ©Olaf Dziallas
Fritzi Köhler-Geib joined the Bundesbank’s Executive Board as a new member

01.11.2024

Welcome! Fritzi Köhler-Geib joined the Bundesbank’s Executive Board as a new member on 1 November. She has received her certificate of appointment from Bundesbank President Joachim Nagel. 

Fritzi Köhler-Geib joined the Bundesbank’s Executive Board as a new member
Fritzi Köhler-Geib ©NÓI CREW
A stable euro requires a firm foundation

31.10.2024

At an event held in honour of former Bundesbank President Karl Otto Pöhl, incumbent President Joachim Nagel spoke about strengthening the foundation of the euro so that stable prices can be ensured even in turbulent times. He emphasised the importance of sound public finances, integrated markets and public confidence in central banks.

A stable euro requires a firm foundation
Joachim Nagel ©Nils Thies