The Governor of the Bank of France ( French: ''Gouverneur de la Banque de France'') is the most senior officer of the Bank of France. The position is currently held by

François Villeroy de Galhau François Villeroy de Galhau (born 24 February 1959) is a French civil servant and banker serving as Governor of the Bank of France and ''ex officio'' President of the French Prudential Supervision and Resolution Authority since 2015. Early lif ...

, who took office on 1 November 2015.

Duties and responsibilities

Assisted by two Deputy Governors and independent with regard to political authorities, the Governor administers the

Banque de France The Bank of France ( French: ''Banque de France''), headquartered in Paris, is the central bank of France. Founded in 1800, it began as a private institution for managing state debts and issuing notes. It is responsible for the accounts of the ...

in pursuit of its three core missions: monetary strategy, financial stability and services to the economy. He chairs the General Council, which deliberates on issues concerning the management of activities outside the purview of the

Eurosystem The Eurosystem is the monetary authority of the eurozone, the collective of European Union member states that have adopted the euro as their sole official currency. The European Central Bank (ECB) has, under Article 16 of its Statute,

. He also sits on the Governing Council of the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centr ...

, which is responsible for setting Eurosystem monetary policy.

Associated positions

The duties of the Governor of the

include fulfilling several mandates laid down in the Monetary and Financial Code, including: * Member of the Governing Council of the

* Chair of the Prudential Supervision and Resolution Authority * Member of the High Council for Financial Stability * Chairman of the Observatory for the Security of Payment Means * Member of the Board of Directors of the Bank for International Settlements * Member of the National Financial Education Committee.

Appointment

Since the constitutional revision of 23 July 2008, the Governor of the

has been appointed by decree of the President of the Republic following consultation with the Finance Committees of the

National Assembly In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the rep ...

and the Senate, which have the power to veto appointments by a three-fifths majority vote.

List of governors of the Banque de France

List of governors of the

, which is a member of the

References

{{DEFAULTSORT:Governor of the Banque de France * Economy of France-related lists Lists of office-holders in France

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...