Managing Director of the European Stability Mechanism

E434177

The Managing Director of the European Stability Mechanism is the chief executive responsible for leading the euro area’s permanent bailout fund, overseeing its financial assistance operations and overall strategic direction.

All labels observed (1)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf executive position
leadership role
position in an international financial institution
appliesTo euro area
appointedBy Board of Governors of the European Stability Mechanism NERFINISHED
associatedWith European financial stability
eurozone crisis response
chiefExecutiveOf European Stability Mechanism NERFINISHED
cooperatesWith European Central Bank NERFINISHED
European Commission NERFINISHED
International Monetary Fund NERFINISHED
country euro area
goal effective use of the ESM’s lending capacity
safeguarding financial stability in the euro area
hasAuthorityOver execution of financial assistance programmes
implementation of decisions of the Board of Governors
staff of the European Stability Mechanism
hasTitle Managing Director
headOf European Stability Mechanism NERFINISHED
inception 2012
jurisdiction euro area member states
languageOfWork English
locatedInTimeZone Central European Time
location Luxembourg City NERFINISHED
mayBe reappointed
participatesIn meetings of the Board of Directors of the European Stability Mechanism
partOf European Stability Mechanism NERFINISHED
reportsTo Board of Governors of the European Stability Mechanism NERFINISHED
requires experience in economic policy
experience in financial markets
expertise in international finance
responsibleFor day-to-day operations of the European Stability Mechanism
financial assistance operations of the European Stability Mechanism
funding and investment decisions within the European Stability Mechanism
implementation of the ESM’s mandate
overall management of the European Stability Mechanism
overall strategic direction of the European Stability Mechanism
representation of the ESM in international fora
risk management oversight within the European Stability Mechanism
sector international financial institutions
public sector
termLength 5 years
usesInstrument bank recapitalisation instruments
precautionary financial assistance instruments
primary and secondary market purchases of sovereign bonds
stability support loans
workLocation headquarters of the European Stability Mechanism

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Treaty Establishing the European Stability Mechanism definesInstitution Managing Director of the European Stability Mechanism
Board of Governors appoints Managing Director of the European Stability Mechanism
subject surface form: Board of Governors of the European Stability Mechanism
Board of Directors supervises Managing Director of the European Stability Mechanism
subject surface form: Board of Directors of the European Stability Mechanism