The President, the Vice-President and the other members of the Executive Board shall be appointed by the European Council, acting by a qualified majority, from among persons of recognised standing and professional experience in monetary or banking matters, on a recommendation from the Council, after it has consulted the European Parliament and the Governing Council of the European Central Bank.
Déanfaidh an Chomhairle Eorpach, ag gníomhú di le tromlach cáilithe, ar mholadh ón gComhairle tar éis di dul i gcomhairle le Parlaimint na hEorpa agus le Comhairle Rialaithe an Bhainc Cheannais Eorpaigh, Uachtarán, Leasuachtarán agus comhaltaí eile an Bhord Feidhmiúcháin a cheapadh as measc daoine a bhfuil gradam agus taithí ghairmiúil aitheanta acu i réimsí airgeadaíochta nó baincéireachta.