Board member, Bundesbank Executive Board
Burkhard Balz has served on the Bundesbank's Executive Board since September 2018 and is responsible for Directorates General Payments and Settlement Systems, Economic Education and International Central Bank Dialogue.
From 2009 up until joining the Deutsche Bundesbank, the 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 financial policy spokesman of the European People's Party (EPP) between 2014 and 2018. In his role as rapporteur, Mr Balz presented reports on, inter alia, Latvia's accession to the euro area, the Solvency II Directive and regulations pertaining to the European Supervisory Authorities. Between 2014 and 2018, he was a member of the EPP Group Bureau. He was also a member of the ASEAN delegation of the European Parliament. Mr Balz was Chair of the European Parliamentary Financial Services Forum from 2014 to 2018 and also chaired the EP – Hong Kong Friendship Group.
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 institutional clients.