Single Resolution Board: appointment of the Vice-Chair

The European Parliament approved by 570 votes to 46, with 29 abstentions, the appointment of Miguel Carcaño Saenz Cenzano as the Vice-Chair of the Single Resolution Board for a period of five years.

As a reminder, Regulation (EU) No 806/2014 of the European Parliament and of the Council establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund, provides that the members of the Single Resolution Board referred to in the Regulation are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation and bank resolution.

On 19 February 2025, the Commission adopted a proposal to appoint Miguel Carcaño Saenz Cenzano as Vice-Chair of the Single Resolution Board and transmitted that proposal to Parliament. The Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidate for the functions of Member of the Single Resolution Board. A hearing was then held with Miguel Carcaño Saenz Cenzano, at which he made an opening statement and then answered questions put by members of the Committee.

Parliament recalled that it is committed to ensuring gender balance in top positions in the field of banking and financial services. All Union and national institutions and bodies should implement concrete measures to ensure gender balance.