Austria's Financial Market Authority (FMA) announced that Oliver Schütz joined its executive board on Nov. 1, 2026, for a term of five years. He succeeds Helmut Ettl, who is taking up a position as executive director at the International Monetary Fund after more than 18 years on the FMA board. Schütz serves alongside Mariana Kühnel, who has held the other board seat since July 6, 2025. Schütz returned to the FMA in 2015 to lead its newly created bank resolution division, following roles at Erste Group Bank and UniCredit Bank Austria. He already represents the authority in international bodies, including the Single Resolution Board's plenary session. The FMA will present its supervisory and inspection priorities for 2027 at a press conference on Dec. 11, 2026.
Austria's Financial Market Authority announces Oliver Schütz's appointment to its executive board
Austria's Financial Market Authority announced Oliver Schütz's appointment to its executive board for five years, effective Nov. 1, 2026. He replaces Helmut Ettl, who is moving to the International Monetary Fund as an executive director. The authority will present its 2027 supervisory and inspection priorities on Dec. 11, 2026.