LIEGE, Belgium (MNI) – European Central Bank Governing Council
member Guy Quaden will leave his post as governor of the Belgian
National Bank (BNB) at the end of March, Belgian media reported late
Wednesday.
Quaden, who would thus leave the ECB’s monetary policy-making
Council, will be succeeded by current BNB Vice Governor Luc Coene,
according to the reports.
“It is time that the government be able to give the [Belgian
National] Bank a stable direction with an eye toward transferring
prudential control of the banks,” Belgian daily l’Echo quoted Quaden as
saying.
–Frankfurt bureau tel.: +49-69-720142. Email: dbarwick@marketnews.com
[TOPICS: MT$$$$,MGX$$$,M$$EC$,M$X$$$]
