ECB appoints Hans-Joachim Klöckers and Massimo Rostagno as Directors General

European Central Bank Directorate General Communications recently announced that the Executive Board of the European Central Bank (ECB) has appointed Hans-Joachim Klöckers as Director General Economic Developments and Massimo Rostagno as Director General Monetary Policy.

Key quotes:

"Both are currently acting heads of their respective business areas, and their appointments as Directors General will be effective as of 1 August 2017."

"Mr Klöckers, 55, has been with the ECB since 1998. He has served as Director Monetary Policy and Director Economic Developments. Previously Mr Klöckers worked at the European Monetary Institute, the Bank for International Settlements and the Deutsche Bundesbank. He holds a PhD in Economics from the University of Freiburg."

"Mr Rostagno, 55, has been with the ECB since 1998. He has served as head of the Monetary Policy Strategy Division and Director Monetary Policy. Previously Mr Rostagno worked for the Banca d’Italia and the International Monetary Fund. He holds a PhD in Economics from the University of California, Los Angeles."