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Board of Directors and Alternate Director

Each Governor appoints one Director and one alternate Director from among people of high competence in economic and financial matters. The Member of the European Commission in charge of economic and monetary affairs and the President of the ECB may also appoint one observer each.

The Board of Directors ensure that the ESM is run in accordance with its Treaty and by-laws. It takes decisions as provided for by the ESM Treaty or decisions delegated to it by the Board of Governors. Decisions are taken by qualified majority, unless otherwise stated by the ESM Treaty.

The Board of Directors meetings are chaired by the ESM Managing Director.

 
  ESM Board of Directors Alternate Director
Belgium Mr Steven Costers

Counselor General, Finance Ministry

Mr Peter Van Der Stoelen
Germany Mr Jörg Kukies

State Secretary, Bundesministerium der Finanzen

Mr Thomas Westphal
Estonia Mr Märten Ross

Deputy Secretary General for Financial Policy and External Relations

Head of EU and International Affairs Department, Ministry of Finance 

Mr Andres Kuningas
Ireland Mr Nicholas O'Brien

Assistant Secretary General, International & EU Division, Department of Finance

Mr Gerard Keown
Greece Mr George Chouliarakis

Alternate Minister of Finance

Mr Panayiotis Nicolaides
Spain Mr Carlos San Basilio

Secretary General for the Treasury and Financial Policy

Ms Carla Díaz Álvarez de Toledo
France Ms Odile Renaud Basso

Deputy Chief Executive Officer, Director of Savings Funds

Mr Thomas Revial
Italy Mr Alessandro Rivera

Director General of the Treasury

Ministry of Economy and Finance

Mr Luigi Maria Disanto
Cyprus Mr George Panteli

Director of Economic Research and European Union Affairs Directorate, Ministry of Finance

Mrs Sotia  Hajispyrou
Latvia Ms Līga Klavina

Deputy State Secretary, Ministry of Finance

Mr Nils Sakss
Lithuania Ms Miglė Tuskienė

Financial counsellor, Ministry of Finance

Mr Darius Trakelis
Luxembourg Ms Isabelle Goubin

Directeur du Trésor, Ministère des Finances

Mr Nima Ahmadzadeh
Malta Mr Alfred Camilleri

Permanent Secretary, Ministry of Finance

Mr Ivan-Carl Saliba
Netherlands Mr Christiaan Rebergen

Treasurer-general, Ministry of Finance

Mr Michel Heijdra
Austria Mr Harald Waiglein

Director General for Economic Policy and Financial Markets, Federal Ministry of Finance

Mr Paul Schieder
Portugal Mr Ricardo Mourinho Félix

Secretary of State for Treasury and Finance

Ms Ana Isabel Lacerda
Slovenia Mr Gorazd Renčelj

State Secretary, Ministry of Finance

Mr Žiga Lavrič
Slovakia Mr Peter Paluš

Head of the Financial Unit at the Permanent Representation of Slovakia to the European Union

Mr Andrej Furik
Finland Mr Tuomas Saarenheimo

Permanent Under-Secretary, Ministry of Finance

Mr Seppo Tanninen

Board of Directors and Alternate Director

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