François-Louis Michaud to become Chair of the European Banking Authority in April 2026

François-Louis Michaud will take up his position as Chair of the European Banking Authority (EBA) starting from 16 April 2026, following the formal appointment by the Council of the European Union.

Helmut Ettl, Vice Chair of the EBA, congratulated Michaud on his appointment, highlighting his extensive experience in banking supervision, regulation, and financial stability across multiple countries. Ettl emphasized that Michaud’s leadership will serve the Authority well during a critical period for the European financial system.

Upon assuming his new role, Michaud stated that he is committed to ensuring effective and consistent regulation and supervision across the EU, supporting a resilient, efficient, and competitive Single Market. He expressed his intent to build on the foundations laid by previous leaders and to collaborate closely with EBA stakeholders.

The appointment was made by the Council on 26 February 2026, following a selection process involving the EBA’s Board of Supervisors and interviews in January 2026. The European Parliament confirmed the appointment on 10 March 2026. Michaud’s term will last five years and may be extended once.

He has served as Executive Director of the EBA since September 1, 2020, and the EBA will soon begin recruiting for his successor.