Juncker backs French woman for regulator

 
City A.M. Reporter
OUTGOING Eurozone head Jean Claude Juncker said yesterday that a French woman would head the board of the European Central Bank’s new banking supervision authority that was agreed last year and which is due to be in place in early 2014.

Although Juncker offered no names, the secretary general of France’s ACP financial sector regulator, Daniele Nouy, has been regularly cited as well placed to chair the board.

Asked about the lack of women in senior EU roles yesterday, Juncker said: “I am totally in favour of women’s representation.” He added that in the case of the single supervisory mechanism, “she will be French”.

Nouy is secretary-general of the Bank of France’s Prudential Control Authority.

The French finance ministry and the Bank of France declined to comment on the matter.