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.
Elke König will be delivering the keynote speech in this high-level conference exploring 'banking and financial regulation in the East and the West: links, differences and future'. The general theme for the two day event will be the regional differences in financial intermediation between EU nations since the Eastern enlargement of the block in the 2000s. The conference in Warsaw is jointly hosted by the European Research Centre for Economic and Financial Governance, European Capital Markets Insitute, Centre for European Policy Studies, Bruegel, University of Warsaw and University of Wrocław.
Elke König will be taking part at this event jointly organised by The European Central Bank (ECB), the National Bank of Belgium, the Toulouse School of Economics and the Solvay Brussels School of Economics and Management. She will sit on a panel entitled 'Dealing with solvency issues through bail-ins and bail-outs: how should we view the "too big to fail" problem and moral hazard issues after the crises?'. The event will be a chance to reflect on the decade since the financial crisis and the changes in monetary, macroprudential and regulatory policy in Europe and the world during those ten years.
Elke König will be giving an introductory speech before taking part in a panel discussion alongside Ms Eva Hupkes from the Financial Stability Board (FSB) and representatives of IIF member banks. Themes at the Institute of International Finance's (IIF) event include the Single Supervisory Mechanism (SSM) and recent developments on resolution planning such as Brexit.