When the Executive Board of the ECB is being established, the President, the Vice-President and the other members of the Executive Board shall be appointed by common accord of the governments of the Member States at the level of Heads of State or Government, on a recommendation from the Council and after consulting the European Parliament and the Council of the EMI.
Nuair a bheifear ag bunú Bhord Feidhmiúcháin BCE, déanfaidh Rialtais na mBallstát, de thoil a chéile ar leibhéal na gCeannairí Stáit nó Rialtais, Uachtarán, Leasuachtarán agus comhaltaí eile an Bhord Feidhmiúcháin a cheapadh, ar mholadh ón gComhairle agus tar éis dul i gcomhairle le Parlaimint na hEorpa agus le Comhairle IEA.