An example of this is Sharon Donnery’s – the Central Bank’s Director of Credit Institutions Supervision – appointment as chair of the SSM High Level Group on Non-Performing Loans. Ireland has learned the hard way to deal with the problem of NPLs and we can offer our insights in leading this work, and in our membership of numerous other working groups.
The Supervisory Board The governance of the SSM rests on its Governing Council and its Supervisory Board. Both are comprised of six ECB members and 19 national members. For the Supervisory Board, the national member is the deputy governor in charge of banking supervision or his equivalent in each of the 19 Eurozone countries.