European Central Bank ECB: appointment of Lorenzo Bini Smaghi as member of the Executive Board, 1st June 2005

The Heads of State or Government of the Member States with the euro as their currency adopted a Decision, by the written procedure on 20 May, appointing Mr Lorenzo Bini Smaghi as a member of the Executive Board of the ECB for a period of 8 years as from 1 June, to replace Mr Tommaso Padoa-Schioppa, whose term of office expires on 31 May.