The Austrian National Bank and Austria’s Federal Ministry of Finance have announced that Austria will nominate Helmut Ettl, currently a member of the Financial Market Authority’s Executive Board, to serve as Executive Director at the International Monetary Fund for the term from 1 November 2026 to 31 October 2028, following a joint selection process. Ettl has served on the Financial Market Authority’s Executive Board since 2008 and has held European supervisory roles including membership of the European Central Bank’s Supervisory Board since the start of the European banking union in 2014. He has been a member of the European Banking Authority’s Board of Supervisors since 2011 and has been its Deputy Chair since 2023. Prior to joining the Financial Market Authority’s Executive Board, he led the Austrian National Bank’s banking supervision division and its bank analysis and inspection department. Austria forms an IMF constituency with Turkey, Hungary, Czechia, Slovakia, Slovenia and Kosovo, which is represented on the IMF’s 25-member Executive Board. The formal election for the IMF Executive Board is scheduled for autumn 2026.
Austrian National Bank (OeNB) 2026-03-16
Austrian National Bank and Austria’s Federal Ministry of Finance nominate Helmut Ettl as IMF Executive Director candidate for the 2026 to 2028 term
The Austrian National Bank and Austria’s Federal Ministry of Finance have nominated Helmut Ettl, a current member of the Financial Market Authority’s Executive Board, as Executive Director at the International Monetary Fund for the term from November 2026 to October 2028. Ettl has extensive experience in European supervisory roles, including positions at the European Central Bank and the European Banking Authority. The formal election for the IMF Executive Board is set for autumn 2026.