Madis Müller is the President of the Bank of Estonia. He could become ECB Vice President. This may happen on January 19.
The Estonian Ministry of Finance will present Müller's candidacy on January 9. After that, the election campaign will begin. Müller says that each minister presents their candidate.
Six people are running for the ECB Executive Board. Among them are candidates from Finland, Latvia, Croatia, Portugal, and Lithuania.
The ECB Executive Board has six members. The President is Christine Lagarde. The Vice President is Luis de Guindos.
Müller says his background suits him for the role of ECB Vice President. He has worked in the financial sector.
The ECB is an institution of the European Union. The Executive Board is responsible for monetary policy. Members serve for eight years.
Müller's term as President of the Bank of Estonia ends in 2026. The new president is Ülo Kaasik.