EBA Chair Appointment - François-Louis Michaud

EBA Press Releases

Published March 30th, 2026

Detected March 30th, 2026

Summary

The European Banking Authority announced that François-Louis Michaud will take up his role as EBA Chair on 16 April 2026, following formal appointment by the Council of the European Union on 26 February 2026 and confirmation by the European Parliament on 10 March 2026. His term of office runs for five years and may be extended once. Michaud previously served as Executive Director of the EBA since September 2020.

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What changed

François-Louis Michaud has been appointed Chair of the European Banking Authority, effective 16 April 2026. He was selected following a rigorous process that included shortlisting by the EBA's Board of Supervisors, candidate interviews in January 2026, formal Council appointment on 26 February 2026, and confirmation by the European Parliament on 10 March 2026. Michaud previously served as Executive Director of the EBA since 1 September 2020 and brings extensive experience in banking supervision and regulation across international, European, and national institutions.

This is a routine personnel appointment with no immediate regulatory implications for banks or other regulated entities. Financial institutions should note the leadership transition as the EBA continues its work on supervisory convergence, banking regulation, and Single Market consistency. The EBA will launch recruitment for the next Executive Director position in due course.

Source document (simplified)

François-Louis Michaud to take up his role as Chair of the European Banking Authority

News
30 March 2026

François-Louis Michaud will take up his position as Chair of the European Banking Authority (EBA) as from the 16 April 2026, following today’s formal appointment by the Council of the European Union.

Helmut Ettl, Vice Chair of the EBA, commented on the appointment:

“As the Vice Chair of the EBA, I warmly congratulate François-Louis on his appointment as Chairperson after a very selective process. His extensive experience in banking supervision and regulation and financial stability, gained across international, European and national institutions in four different countries, together with his leadership, will serve the Authority well. He takes up this role at a particularly important time for the European financial system, and I wish him every success in his new role.”

Speaking upon taking up his new role, François-Louis Michaud, said:

“It is an honour to take up the role of Chairperson of the EBA, and a responsibility to take it at this important juncture for the European financial system and for the EBA. I am committed to ensuring that the EBA continues to deliver effective and consistent regulation and supervision across the EU and supports a resilient, efficient and competitive Single Market. I look forward to building on the strong foundations laid by my predecessors, and to working closely with all EBA stakeholders in the years ahead.”

Note to the editors

The Council appointed Mr Michaud on 26 February 2026, following a selection process that included a shortlist provided by the EBA’s Board of Supervisors and interviews with candidates in January 2026. After a hearing of the candidate selected by the Council, the European Parliament confirmed his appointment at its Plenary session on 10 March 2026.

François-Louis Michaud’s term of office runs for five years and may be extended once.

François-Louis has been serving as Executive Director of the EBA since 1 September 2020. The EBA will shortly launch the recruitment of the next EBA Executive Director.