17.5.2023
EN
Official Journal of the European Union
C 175 A/3
5.
Independence and ethical standards The Chair must act independently and objectively in the interest of the EU as a whole and may neither seek nor take instructions from the institutions or bodies of the EU, from any government of a Member State or from any other public or private body.
Once appointed, the Chair will be a full-time professional and may not hold any offices at national competent authorities.
The Chair is expected to comply with the highest ethical standards, reflecting his or her responsibility for safeguarding the integrity and reputation of the ECB and the SSM.
In particular, he or she will be subject to professional secrecy requirements and post-employment restrictions (‘cooling-off periods’) to assess in advance and prevent possible conflicts of interest and ‘revolving doors’ resulting from any subsequent employment within two years of the expiry of the term of office in line with the Code of Conduct for high-level ECB officials. 6.
Selection and appointment The procedure for the selection and appointment of the Chair will be conducted in accordance with the requirements laid down in the SSM Regulation and the abovementioned accountability arrangements with the European Parliament and the EU Council.
The procedure will include the following steps: 1) Pre-selection The ECB’s Governing Council will set up a pre-selection panel to assess the applications against the criteria contained in this vacancy notice.
On the basis of its assessment of the applications, the most suitable candidates will be interviewed by the pre-selection panel and will participate in a leadership assessment by an external provider.
The assessments and interviews are expected to be carried out in the weeks commencing Monday 26 June and Monday 3 July 2023.
The pre-selection panel will submit a shortlist of suitable candidates and an assessment report to the ECB’s Governing Council for consideration.
2) Informing the European Parliament and the EU Council The ECB will inform the competent committee of the European Parliament and the EU Council of the composition of the pool of applicants for the position of Chair (number of applications, mix of professional skills, gender and nationality balance, etc.) and provide them with the shortlist of candidates as endorsed by the ECB’s Governing Council.
The Supervisory Board will also be provided with the shortlist.
3) Proposal of the ECB’s Governing Council and approval of the European Parliament After hearing the Supervisory Board, the ECB’s Governing Council will submit, for approval to the European Parliament, a proposal for the appointment of the Chair selected from the shortlist prepared by the pre-selection panel, together with written explanations of the underlying considerations.
4) Appointment by the EU Council Following the European Parliament’s approval of the proposal of the ECB’s Governing Council, the EU Council will adopt an implementing decision to appoint the Chair.
The EU Council will take this decision by qualified majority, without taking into account the votes of its members that are not from participating Member States. 7.
Application procedure Applicants must send their applications, accompanied by a curriculum vitae (CV), by registered mail or private courier service no later than 23 June 2023 (date as postmarked for registered mail or private courier service) to the following address: European Central Bank, President’s office, Sonnemannstraße 20, 60314 Frankfurt, Germany.
To account for possible postal delays, applications and CVs sent by registered mail or private courier service as above must also be sent in electronic form to SBSelection@ecb.europa.eu by 23 June 2023.
The ECB reserves the right to extend the closing date of this vacancy by publishing a new closing date.