To this end, for organisational purposes, all Bundesbank banking supervisors involved in the offsite supervision of significant German credit institutions were assigned to one strategic office. And you took over at the helm. In this role, you have succeeded in putting the supervision of large, significant German banks at our Central Office on a completely new footing.
With a great deal of commitment and care, you united those employees previously assigned to regional divisions throughout Germany into new, effective teams. The Bundesbank’s contribution to ECB (European Central Bank) banking supervision is greatly appreciated, far and wide. You have been instrumental in this.