Dr Elke König is Chair of the SRB, being responsible for the management of the organisation, the work of the Board, the budget, all staff, and the Executive and Plenary sessions of the Board. The General Counsel, the Policy Coordination and International Relations Unit, the Communications office and the Internal Audit function report directly to her.
She was President of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) from 2012 until 2015. After qualifying in business administration and obtaining a doctorate, Dr König spent many years working for companies in the financial and insurance sector. From 1980 to 1990, she worked for KPMG Deutsche Treuhandgesellschaft in Cologne, auditing and advising insurance undertakings, from 1986 as a holder of a special statutory authority (Prokuristin) and from 1988 as a director and partner. From 1990 to 2002, Dr König was a member of the senior management of the Munich Re Group (Head of Accounting); she then moved to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to the end of 2011, Dr König was a member of the International Accounting Standards Board (IASB) in London. Dr König was also a representative of the Supervisory Board of the Single Supervisory Mechanism.
On 17th January, Elke König makes her first country visit of 2019, travelling to Ireland. She will attend the Risk Management and Supervisory Conference, whose theme is 'The Future Supervisory Landscape'. The event will take place in Dublin, with other speakers including Sabine Lautenschläger from the European Central Bank and Ed Sibley from the Central Bank of Ireland.
Elke König will attend this conference in Paris, looking forward to the future of finance in the context of uncertainties including Brexit and the digital revolution. Speaking alongside figures such as Valdis Dombrovskis and Pierre Moscovici, the SRB chair's contribution will address financial safeguards and the road ahead for regulatory bodies.
On December 5th, Elke Konig will speak at the European Central Bank's Colloquium in honour of outgoing Single Supervisory Mechanism head, Danièle Nouy. Entitled 'Promoting safe and sound banks in the SSM', the event will look at the chair's legacy while also looking forward. Dr König will respond to the theme 'SSM: Taking a snapshot of the future' alongside others from the ECB and figures from industry.