Responding to the Challenge: In Conversation with Frank Elderson and Sharon Donnery

In his remarks to the IIEA, Frank Elderson, Member of the Executive Board and Vice President of the Supervisory Board of the European Central Bank, provides an overview of major trends of relevance for the macro financial outlook in Europe. He discusses how these trends are reflected in the ECB’s monetary policy and banking supervision priorities. Mr Elderson also reflects upon the specific actions the ECB is undertaking in monetary policy and banking supervision in relation to climate and nature-related risks. Mr Elderson will be joined by Sharon Donnery, Deputy Governor of the Central Bank of Ireland, for a fireside discussion and Q&A which will be moderated by Dan O'Brien, the IIEA's Chief Economist. Frank Elderson is a member of the Executive Board and of the Governing Council of the European Central Bank. He is Vice-Chair of the ECB’s Supervisory Board and oversees the ECB’s Legal Services. He co-chairs the Task Force on Climate-related Financial Risks of the Basel Committee on Banking Supervision. Mr Elderson previously served as Executive Director of De Nederlandsche Bank (DNB). At DNB he held several senior positions before joining its Governing Board in 2011.Before joining DNB in 1999, Mr Elderson worked as a lawyer specialising in EU competition law.  Sharon Donnery is Deputy Governor at the Central Bank of Ireland for Financial Regulation on 1 July 2022. She is an ex-officio Member of the Central Bank Commission and is a member of the Supervisory Board of the European Central Bank (ECB) and the General Board of the European Systemic Risk Board.