ECB Governing Council approves Boris Vujčić as next Vice-President
The European Central Bank's Governing Council has raised no objections to the proposed candidate Boris Vujčić for the position of Vice-President. Vujčić, currently President of the Croatian central bank, will succeed Luis de Guindos on June 1, 2026.
Experienced central banker for top role
The European Central Bank's Governing Council has formally expressed no objections to the proposed candidate, Boris Vujčić, for the crucial role of its next Vice-President.
This decision, reached today, underscores the Council's confidence in Vujčić's qualifications and extensive experience.
As stipulated by Article 283(2) of the Treaty on the Functioning of the European Union, the Vice-President must be a person of recognized standing and professional experience in monetary or banking matters.
Mr. Vujčić, currently serving as the President of the Hrvatska narodna banka, the Croatian central bank, clearly meets these stringent criteria.
His leadership at a national central bank within the Eurosystem provides him with direct insights into the operational and strategic challenges facing the European monetary union.
The Governing Council's unanimous approval signals a smooth path forward for his appointment, emphasizing stability in the ECB's leadership structure.
Smooth transition for leadership
The appointment process for the ECB's Vice-President is a multi-stage procedure involving key European institutions.
It begins with a recommendation from the Council of the European Union, followed by an opinion from the ECB's Governing Council, and subsequently, an opinion from the European Parliament.
The European Council then makes the final appointment.
The ECB's formal opinion, adopted today, will be publicly accessible soon, published in all EU official languages in the Official Journal and on the ECB's website.
Mr. Vujčić will assume his new position on June 1, 2026, for a non-renewable term of eight years.
He will succeed Luis de Guindos, whose term as ECB Vice-President concludes on May 31, 2026, ensuring a seamless leadership transition within the central bank's executive board.