Elke König

Elke König (born 28 January 1954) is a German MBA in Business and auditor. From January 2012, she was president of the Federal Financial Supervisory Authority (BaFin); in December 2014, she became the first Executive Director of the newly established Single Resolution Board (SRB) of the Single Resolution Mechanism headquartered in Brussels ^[1]

Life

Elke König was born in Cologne (Rhineland).^[2] She studied Business Administration at the University of Cologne from 1972 to 1976, where she earned a doctoral degree (Dr rer. pol.) between 1976-1980.

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, as a member of senior management of the Munich Re Group, Dr König was Head of Accounting before moving to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to end-2011, Dr König was a member of the International Accounting Standards Board (IASB) in London.

In January 2012, König was the successor of Jochen Sanio as president of the Federal Financial Supervisory Authority (BaFin) in Bonn.^[3] The formal handover took place on 24 January 2012 in Frankfurt. Her successor there was 2015 Felix Hufeld.^[4]

Publications

• Targeted external accounting for public broadcasters in the Federal Republic of Germany: Reflections on an aligned to the information interests of the audience external accounting . Series of the Institute for Broadcasting Law at the University of Cologne, Vol. 35; simultaneously Dissertation Univ. Cologne 1981. C.H. Beck, Munich 1983, ISBN 3-406-09335-3.

External links

• "German Financial Regulator Elke König: 'It's Time to Search for Alternatives". spiegel.de. Der Spiegel. 27 July 2012. Retrieved 17 December 2015.

References

1. "EU Banking Union Fit for Service: Council appoints permanent members of the Single Resolution Board and adopts the methodology for banks' contributions to the resolutions funds". Press release from the European Commission. 2014-12-19. Retrieved 2015-02-05.
2. Frank Drost, Peter Köhler, Susanne Metzger:. Elke König - champion of clarity. Handelsblatt of 25 January 2012 Design.
3. "Dr Elke König named new BaFin President". BaFin. 20 December 2011. Retrieved 17 December 2015.
4. "The executive". Federal Financial Supervisory Authority. BaFin. Retrieved 17 December 2015.