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 Friday 22nd March, SRB Chair Elke König will be in Florence to present a lecture on "The Journey Towards Making Banks Resolvable - An Assessment". Themes will include: an introduction of the EU framework for resolution, how the SRB works towards resolvability, and an assessment of the state of play of resolvability.
To celebrate the FSI's 20th anniversary, a conference will be held, entitled 'a cross-sectoral reflection on the past, and looking ahead to the future'. Elke König, the SRB Chair, will sit in the panel on 'resolution and crisis management tools', tackling the specific question of 'how to ensure a smooth landing'. The event will take place in Basel, Switzerland.
SRB Chair Elke König travels to London on the 7 March to attend Credit Suisse's Event 'European Banks Conference'. She participates in the keynote panel alongside Sasha Mills (Bank of England) and Wilson Ervin (Credit Suisse), and will discuss 'Implementing Resolution in Europe: Recent Developments and Transparency Initiatives'.