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 Carsten Pillath State Secretary, Bundesministerium der Finanzen |
Mr Wilfried Steinheuer |
| 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 Gary Tobin Assistant Secretary General, International & EU Division, Department of Finance |
Ms Ciara Delaney |
| Greece | Mr Michael Arghyrou Chairman of the Council of Economic Advisors |
Mr Eleftherios Tserkezis |
| Spain | Mr Carlos Cuerpo Secretary General for the Treasury |
Mr Enrique Ruiz de Villa Saiz |
| France | Mr Emmanuel Moulin Director General of the Treasury |
Ms Shanti Bobin |
| 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 |
Mr Marios Stephanides |
| Latvia | Ms Līga Klavina Deputy State Secretary, Ministry of Finance |
Mr Nils Sakss |
| Lithuania | Mr Mindaugas Liutvinskas Vice-Minister, Ministry of Finance |
Mr Darius Trakelis |
| Luxembourg | Mr Nima Ahmadzadeh Director of Economic and Fiscal Affairs, Ministry of Finance |
Mr Tom Englaro |
| 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 João Nuno Mendes Secretary of State for Finance |
Mr José Carlos Azevedo Pereira |
| Slovenia | Ms Katja Lautar State Secretary at the 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 Juraj Toporčák |
| Finland | Ms Leena Mörttinen Permanent Under-Secretary at the Ministry of Finance |
Ms Marketta Henriksson |