Banco de España director Linette Field appointed deputy director-general of Single Supervisory Mechanism at European Central Bank

Madrid, 9-5-2014 — /EuropaWire/ — Linette Field, the current Head of Division of the Directorate General Micro-Prudential Supervision II of the European Central Bank, has been appointed to head one of the six Deputy Directorates General of the Single Supervisory Mechanism (SSM), which will commence operating next November within the framework of the European Central Bank (ECB).

Linette Field joined the Banco de España in 2002, heading the International Coordination and Advice Division in the directorates general Banking Supervision and Banking Regulation from 2008 to 2013. Previously, she had pursued her career in the United Kingdom, at the Bank of England and at the
Financial Services Authority.

Ms Field’s appointment followed a selection process in which several hundred candidates from various fields in the financial sector participated. With her appointment, there are now three professionals from the Banco de España in the management team at the helm of the SSM, whose organisation chart has four directors-general, including Ramón Quintana, the former Director General of Banking Supervision at the Banco de España, and six deputy directors general, among whom Margarita Delgado, the former Director of the Banking Supervision Department I.

Linette Field joins DG Micro-Prudential Supervision III, which will be entrusted with the supervision of the credit institutions of the member countries not supervised directly by the SSM, in collaboration with the national competent authorities.

The Single Supervisory Mechanism is governed by a Supervisory Board, chaired by the French national Danièle Nouy, assisted by the German deputy chair, Sabine Lautenschläger. The Board further comprises four ECB representatives along with the representatives of the national supervisory authorities.

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