ECB appoints Karin Turner-Hindlicka as the new director of the exams!

ECB appoints Karin Turner-Hindlicka as the new director of the exams!

Laimgrubengasse 10, 1060 Wien, Österreich - On December 19, 2024, the European Central Bank (ECB) gave the appointment of Dr. Karin Turner-Hrdlicka for the head of the General Directorate on-site tests and exams internal models known. Your service begins on March 1, 2025. Dr. Turner-Hindlicka is an experienced specialist who has been working in the Austrian National Bank (OENB) since 2001 and acts as a director for the supervision of major European banks. This appointment not only reflects its outstanding services, but also shows the role of the OENB within the European banking supervision. The OENB wishes Dr. Turner-Hindlicka Good luck in her new, responsible position, as is emphasized in a message published by APA-OTS.

In addition, Dr. Turner-Hindlicka now also part of the supervisory board of the financial market supervision (FMA). According to Extrajournal , the supervisory board is expanded to a total of eight members, which is a direct consequence of the 2017 supervisory reform. Together with Bernhard Perner, she will strengthen the committee. The Supervisory Board has the task of monitoring the management of the FMA. Operatively, the FMA is led by the board of directors Helmut Ettl and Klaus Kumpfmüller, while the newly introduced publicly advertised positions for management positions of the second level should increase transparency.

These changes in the management structure underline the constant reform of the financial supervision in Austria and the growing responsibility of Dr. Turner-Hindlicka in her new role, both in the ECB and in the FMA.