Introductory text

THE EUROPEAN COUNCIL,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 283(2),

Having regard to the recommendation of the Council of the European Union^f1,

Having regard to the opinion of the European Parliament^f2,

Having regard to the opinion of the Governing Council of the European Central Bank^f3,

Whereas:

The term of office of Mr Peter PRAET, member of the Executive Board of the European Central Bank, expires on 31 May 2019. It is therefore necessary to appoint a new member of the Executive Board of the European Central Bank.

The European Council wishes to appoint Mr Philip R. LANE, who, in its view, fulfils all the requirements set out in Article 283(2) of the Treaty,

HAS ADOPTED THIS DECISION: