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How the European Central Bank (ECB) deals with ‘revolving door’ cases

The Ombudsman has opened an own-initiative inquiry to look into how the European Central Bank (ECB) deals with 'revolving door' cases, whereby members of its staff take up employment in the private sector. The inquiry will also assess how the ECB handled the request by a 'senior economist' to take up employment with a US investment bank. The former ECB staff member’s new job relates to his previous area of work at the ECB.

The Ombudsman is seeking to inspect documents concerning the move, as well as more general information held by the ECB on such 'revolving door' moves.