Wednesday, October 31, 2012

Reuters: US Dollar Report: Luxembourg's Yves Mersch to get ECB job latest Nov. 5

Reuters: US Dollar Report
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Luxembourg's Yves Mersch to get ECB job latest Nov. 5
Oct 31st 2012, 18:25

BRUSSELS | Wed Oct 31, 2012 2:25pm EDT

BRUSSELS Oct 31 (Reuters) - Yves Mersch will be appointed as the sixth member of the European Central Bank's executive board on November 5, following a delay after calls for the bank to appoint a woman instead, EU sources close to the matter said on Wednesday.

The 63-year old Luxembourg central banker would get the job even though the European Parliament had voted against his appointment to the post a week ago, the sources said.

Mersch's appointment will mean that all the ECB's 17-member governing council and six-member executive board will be men. Mersch is scheduled to take up his post on November 15.

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