ECB appoints Banafsheh Geretzki as Director Internal Audit

  • Banafsheh Geretzki will take up her new role on 1 February 2024.
  • Director Internal Audit leads ECB audit and investigation activities, including whistleblowing procedures.

The Executive Board of the European Central Bank (ECB) has appointed Banafsheh Geretzki as
Director Internal Audit. In her new role, Ms Geretzki will lead the ECB’s internal audit and investigation
activities, including whistleblowing procedures and administrative inquiries. She will oversee the
dossiers for the Audit Committee and maintain effective relationships with other European institutions
such as the European Anti-Fraud Office and the European Court of Auditors.

Ms Geretzki has held her current role as Head of Division in the ECB’s Directorate General Universal
and Diversified Institutions since September 2021, where she has been responsible for the supervisory
oversight of significant banks. She joined ECB Banking Supervision as an Adviser in the Stress Test
Experts Division in 2020. She was previously European Co-Head of BlackRock’s Official Institutions
Financial Markets Advisory. She has also held several management, advisory and investment banking
roles at Alvarez and Marsal, Fortress Investment Group and Morgan Stanley. Ms Geretzki holds an MBA
from the European Business School. She has also acquired several professional qualifications from the
Institute of Internal Auditors. She succeeds Claudia Mann, who has been appointed Director General
Statistics.

The Directorate Internal Audit evaluates and seeks to continuously make more effective and efficient
the risk management, control and governance processes at the ECB.

Notes

  • The list of ECB managers can be found on the ECB website.

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