December 17, 2013 / 10:40 AM / 4 years ago

Exclusive: Germany to propose Bundesbank deputy for ECB board seat

1 Min Read

Bundesbank Vice President Sabine Lautenschlaeger speaks during a news conference in Frankfurt November 14, 2012.Lisi Niesner

BERLIN (Reuters) - Germany will propose Sabine Lautenschlaeger, a vice president at the German Bundesbank, to take the board seat at the European Central Bank (ECB) that is being vacated by Joerg Asmussen, according to a source familiar with the matter.

Asmussen announced on Sunday that he would be returning to Berlin, after just two years on the ECB's six-member executive board, to become state secretary in the labor ministry.

Lautenschlaeger, 49, worked at German financial supervisor Bafin before joining the Bundesbank in 2011.

Reporting by Andreas Rinke; Writing by Noah Barkin; Editing by Madeline Chambers

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below