The members of the Executive Board are to be appointed for eight years, and that term of office shall not be renewable (Article 109a). By contrast, the governors of the national central banks, who are to be appointed for at least five years, may be reappointed (Article 14, Protocol on the Statute of the ESCB and the ECB).
7  Interestingly, Chairman Bernanke continued to comment on this matter by stating that the issue of an appropriate level for the inflation target was being debated in academic circles and that trying to quantify this target was an interesting question.