Burkhard Balz

Burkhard Balz has served on the Executive Board of the Deutsche Bundesbank since Sep-tember 2018. He is responsible for the Directorate General Payments and Settlement Systems, Cash Management and the Directorate General Economic Education, University and International Central Bank Dialogue. From 2009 up until joining the Bundesbank, Mr Balz, who is a law graduate and trained bank clerk, was a Member of the European Parliament, where he sat on the Committee on Economic and Monetary Affairs and served as the finan-cial policy spokesman of the European People’s Party (EPP) between 2014 and 2018. In his role as European Parliament rapporteur, Mr Balz presented reports on, inter alia, Latvia’s ac-cession to the euro area, the Solvency II Directive, and regulations pertaining to the Euro-pean Supervisory Authorities. From 2014 to 2018, he was a member of the EPP Group Bu-reau. Prior to his membership of the European Parliament, Mr Balz held various positions at Commerzbank AG in Hanover, where he most recently headed the department for institu-tional clients.