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ECB appoints Luc Coene for planning, carrying out banking supervision tasks

ECB appoints Luc Coene for planning, carrying out banking supervision tasks

BRUSSELS: The European Central Bank has appointed Luc Coene as ECB representative to the Supervisory Board of the Single Supervisory Mechanism.

The Supervisory Board is responsible for planning and carrying out the ECB’s banking supervision tasks and proposing complete draft decisions for adoption by the Governing Council.

Coene will take up his new position on March 11, a day after his last day in office as Belgium’s central bank chief.