FRANKFURT, Germany (AP) — The European Central Bank's leadership has nominated financial regulator Andrea Enria for the job of top EU banking supervisor.
Enria was nominated Wednesday by the central bank's governing council to succeed Daniele Nouy as head of the single supervisory mechanism. Nouy's term expires at year end.
Enria is chair of the London-based European Banking Authority, responsible for drawing up rules for European banks. He would take over as chief enforcer of the rule book, heading the ECB's supervisory arm, created in 2014 as part of the EU response to the debt crisis.
The candidacies of Enria, an Italian, and Irish central bank official Sharon Donnery were forwarded to the ECB after interviews with members of the EU parliament's economic committee. The nomination faces a vote in the full EU parliament.
Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
