Council appoints François-Louis Michaud chair of the European Banking Authority 10:32 The Council appointed François-Louis Michaud as chairperson of the European banking[...]

The Council today formally appointed François-Louis Michaud as chairperson of the European banking authority (EBA). Mr Michaud will take up the role on 16 April 2026. His term of office will run for a five-year period and may be extended once.

To appoint a new chair, the EBA's board of supervisors provided the Council with a shortlist of two candidates. Following interviews with the candidates in January 2026, EU ambassadors provisionally agreed on the appointment of Mr Michaud following a secret ballot procedure. On 26 February 2026, the European Parliament's committee on economic and monetary affairs gave its confirmation for Mr Michaud's appointment.

Background

The EBA is a Paris-based, independent EU financial authority which works to ensure effective and consistent prudential regulation and supervision across the European banking sector. Among other tasks, the EBA assesses risks and vulnerabilities in the EU banking sector through regular risk assessment reports and EU-wide stress tests. It is also lead overseer for critical third-party ICT service providers to financial entities in the EU.

• Curriculum vitae of François-Louis Michaud
• European banking authority
• Regulation establishing the EBA