Euro ministers pick Dutchman Frank Elderson for ECB board job

FILE PHOTO: The European Central Bank (ECB) logo is pictured before a news conference on the outcome of the meeting of the Governing Council in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo

BRUSSELS (Reuters) - Euro zone finance ministers, called the Eurogroup, choose Dutchman Frank Elderson of to be the successor to Yves Mersch at the executive board of the European Central Bank when Mersch’s term ends in December, the chairman of the ministers said.

“The Eurogroup supports the candidacy of Frank Elderson for the position of new member of the ECB’s executive board,” Eurogroup President Paschal Donohoe said on Twitter.

Reporting by Jan Strupczewski