Appointment of a Single Resolution Board member

This procedure concerns the appointment of a member to the Single Resolution Board (SRB). The SRB is the central decision-making body responsible for ensuring that failing banks in the banking union are resolved in an orderly manner to protect financial stability.

This appointment affects the governance of the EU's banking resolution framework. It ensures that the SRB has the necessary leadership to manage bank failures without relying on taxpayer-funded bailouts.