EBA Statutes changed
Board agreed with proposal
In Zagreb, the EBA Board agreed with an overwhelming majority to move to amended EBA Statutes. The main changes are concerning the Executive elections and terms of office. Changes include that any Executive can serve a maximum of 12 years and that the President and Vice-President are chosen into office by the Board, while the functions of Treasurer and Secretary are chosen by the Executives from within the Executive Board. The new statutes can be read here
, the changes can be examined here
As a consequence of the new statutes, unfortunately, Philippe Vandekerckhove will not be able to run a second term. He has been in the Executive Board administratively for 12 years at the end of this calendar year. His term as President ends on 31st December 2016. The EBA will launch the election procedure in May.