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ECB Executive Board member Frank Elderson has been proposed as Vice-Chair of the ECB's Supervisory Board, the central bank said Friday. Elderson, who joined the central bank's EB on Tuesday, would succeed Yves Mersch on the Supervisory Board. Mersch's term ended on 14 December together with his term as member of the EB.
Elderson will appear before the European Parliament's ECON Committee at a hearing on a date to be confirmed.