Governing Board

The Governing Board is responsible for the overall running of the Oesterreichische Nationalbank (OeNB) and for conducting its business. In pursuing the objectives and tasks of the European System of Central Banks (ESCB), the Governing Board undertakes to act in accordance with the guidelines and instructions of the European Central Bank (ECB). The Governing Board consists of the Governor, the Vice Governor and two other members, all of whom are appointed by the Federal President of Austria based on a proposal of the federal government. Each appointment is for a term of five years, and persons holding office may be reappointed. The Governor of the OeNB is a member of both the Governing Council and the General Council of the ECB. When taking decisions on monetary policy and on other tasks of the ECB and the Eurosystem, the Governor and the Vice Governor are not bound by the decisions of the OeNB’s Governing Board or those of the OeNB’s General Council, nor are they subject to any other instructions.

Please post any questions you would like to ask the Governing Board to the web platform www.direktzurnationalbank.at (German user interface). On this platform, you can also vote for other users’ queries and find answers the Board Members have already given on current issues.