The Austrian Financial Market Authority (FMA) announced that Mariana Kühnel has taken office as Executive Director with effect from 6 July 2025, succeeding Eduard Müller and joining Helmut Ettl on the authority’s executive management. The position was publicly advertised, with Kühnel nominated by the Federal Minister of Finance and appointed by the Federal President for a five-year term. The release highlights her experience in European policy and financial services, including senior roles at Erste Group Bank and, most recently, serving as Deputy Secretary General of the Austrian Federal Economic Chamber, with responsibility for areas including foreign trade, European policy, and innovation and digitalisation.