The European Banking Authority (EBA) has launched an open selection procedure to recruit a new Executive Director to complete its leadership team following François‑Louis Michaud taking up the role of Chair on 16 April. The Executive Director will work directly with the Chairperson and be responsible for the Authority’s operational management, including developing and implementing the work programme and preparing Management Board meetings. Selection will be based on merit, skills and experience, particularly in financial supervision and regulation, through an open and transparent process, with the successful candidate selected by the EBA Board of Supervisors and appointed after confirmation by the European Parliament; in the interim, Jonathan Overett Somnier, Head of the EBA’s Legal and Compliance Unit, has been appointed Acting Executive Director.