ECB Says It Has ‘No Objection’ to Asmussen Joining Board

Oct. 6 (Bloomberg) -- The European Central Bank said it has “no objections” to the appointment of German Deputy Finance Minister Joerg Asmussen as a member of the bank’s Executive Board.

In an e-mailed statement, the Governing Council of the Frankfurt-based central bank said Asmussen is “a person of recognized standing and professional experience” as required by European law. The appointment is to be confirmed by heads of euro-area governments.

To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Simone Meier at smeier@bloomberg.net