ECB's Schiavi becomes budget and finance director-general

He will head the new directorate general following the reorganisation at the bank

Roberto Schiavi takes up his new post on March 1, as part of a reorganisation within the central banks

The European Central Bank (ECB) has named Roberto Schiavi, deputy director for general market operations, as director-general of the newly created Directorate General for Budget and Finance as of March 1, as part of a reorganisation within the central bank.

Schiavi will report to Michael Diemer, chief services officer, a position created in January.

Since joining the ECB in 1998, Schiavi has held managerial positions in the areas of financial markets, planning and control. He will also leave the

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