On 25 March 2025, the Board of Supervisors of the European Banking Authority (EBA) renewed the mandate of François-Louis Michaud as EBA’s Executive Director for a second five-year term, until end-August 2030. The decision was based on the evaluation of his work during his first term of office, as well as on the Authority’s duties and requirements over the next five years.

Jose Manuel Campa, the Chairperson of the EBA, stated:

“I would like to congratulate François-Louis on this extension which is the result of an impressive first mandate where he ensured that the EBA was able to deliver consistently on its work programme whilst driving the EBA transformation into a modern organisation, ready to face its future challenges. I am convinced that François-Louis will continue to lead the EBA with the commitment, dedication and vision he has shown in the last four years and a half.”

François-Louis Michaud stated:

"I am honoured by the continued trust from EBA’s Board of Supervisors. I look forward to building upon recent years’ efforts to enhance our organisation so that it can tackle its evolving responsibilities and promote efficient and effective regulation and risk assessments."

Background

The Executive Director is in charge of the management of the EBA. He is responsible for preparing and implementing its work programme and budget, and manages staff matters.

François-Louis Michaud previously held senior positions at the European Central Bank, the Bank for International Settlements and Banque de France.