
Article 1 
The following are hereby appointed members of the Executive Board of the European Central Bank for a term of office of eight years as from 1 January 2020:

— Mr Fabio PANETTA,
— Ms Isabel SCHNABEL.
Article 2 
This Decision shall enter into force on the date of its adoption.
Done at Brussels, 19 December 2019.
For the European Council
The President
C. MICHEL