ECB bank supervisor Vesala leaves for new job

ECB headquarters building is seen in Frankfurt
European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany July 20, 2017. REUTERS/Ralph Orlowski

October 12, 2017

FRANKFURT (Reuters) – Jukka Vesala, the European Central Bank supervisor in charge of overseeing small banks, is leaving the ECB after accepting a new job, a spokeswoman for the institution said on Thursday.

Vesala, who joined the ECB’s supervisory arm in 2014, will start in his new role in mid-April 2018 after a cooling off period in which he will still work for the central bank but in areas unrelated to monetary policy or bank oversight.

(Reporting By Francesco Canepa)