Blog post by Frank Elderson and Elizabeth McCaul, vice chair and representative of the European Central Bank (ECB)’s in the Supervisory Board of the Single Supervisory Mechanism, respectively. Published on 9 May 2023.
Diversity and good governance are interlinked and this explains why diversity keeps high in the ECB’s banking supervision agenda. Diverse boards enable better oversight and better contributions to board discussions and decision making. Diversity entails several relevant aspects, among which gender, skills and experience, geographic provenance and age constitute examples. This blog provides insight on how does ECB looks at diversity within its banking supervision.
