CNB experts score another success at European level

Radek Urban, Executive Director of the CNB’s Financial Markets and Resolution Department, is to become a Board Member of the Single Resolution Board (SRB). As one of the pillars of the European banking union, the SRB is responsible for ensuring an orderly resolution of failing banks with minimum impact on public finances and financial stability. Owing to the executive nature of the position, Radek Urban will leave the CNB at the end of March 2025.

Radek Urban’s appointment to this role is further evidence of the CNB’s excellent reputation. In the European financial environment, the CNB is regarded as a respected institution endowed with a high level of expertise. Zuzana Silberová, Executive Director of the Financial Market Supervision Department, and Vojtěch Belling, Executive Director of the Financial Regulation and International Cooperation Department, already hold significant non-executive positions in European institutions and agencies.

“At the start of our mandate, we defined our values at the bank – expertise being one of them. Each of our executive directors reporting directly to the Bank Board now has a high level of expertise and could easily serve in an international organisation. Two of our executive directors already hold non-executive roles in international institutions, and another is now moving into an executive position. Names are not important – we are a team, and I am happy that we are delivering on the value of expertise,” said Czech National Bank Governor Aleš Michl.

The current Deputy Executive Director of the Financial Markets and Resolution Department, Petr Frydrych, will head the Department until a new executive director is appointed.

Zuzana Silberová, Executive Director of the Financial Market Supervision Department, and Vojtěch Belling, Executive Director of the Financial Regulation and International Cooperation Department, hold non-executive positions in European institutions and agencies. Zuzana Silberová has been Vice-Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) since November 2024, while Vojtěch Belling has been Vice-Chair of the European Securities and Markets Authority (ESMA) since November 2022.

Jakub Holas
Director, Communications Division

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