Marko Myller appointed Head of Banking Supervision at Financial Supervisory Authority
The Board of the Financial Supervisory Authority (FIN-FSA) has appointed Marko Myller, MSocSc, Head of the FIN-FSA's Banking Supervision Department for a five-year term, commencing 1 January 2024. As Head of Department, he will be a member of the FIN-FSA’s management group and will report to the Director General.
Banking Supervision is responsible for prudential supervision of the credit institution sector in cooperation with the European Central Bank (ECB), and for supervising the conduct of banks and other consumer credit providers. The Department's responsibilities include supervision of the internal governance, risk management procedures and risk taking of credit institutions. The development of banking regulation is also part of the Department’s activities.
Marko Myller's previous positions include Head of the FIN-FSA's Off-Site Supervision 1 Division. He has also served as alternate of the Board of Supervisors of the European Banking Authority (EBA) and alternate of the Supervisory Board of the ECB. Off-Site Supervision 1 is responsible for the prudential supervision of Nordea as part of the ECB's Joint Supervisory Team (JST).
On 1 July 2023, Marko Myller was assigned to the duties of Head of Department (ad interim) at the Banking Supervision Department for the interim period in which the permanent post remained unfilled.
In 2014–2017, Myller served as Head of the FIN-FSA’s Off-Site Supervision Division and Financial Sector Division. Prior to this, he worked at the Bank of Finland and the ECB.
“Marko Myller has substantial experience of banking gained through his extensive analysis of the banking business and in the supervision of banks, which is key to the duties he has now been appointed to. Myller also has considerable experience of international working groups and single banking supervision under the ECB, as well as cooperation at the highest level,” says FIN-FSA Director General Tero Kurenmaa.
“I have had the unique opportunity to work with inspiring and highly experienced Finnish and European colleagues in the field of European banking supervision from the very start of the Single Supervisory Mechanism. I am grateful for the opportunity to continue this work in a role with greater responsibilities as Head of Banking Supervision,” says Marko Myller.
Marko Myller (Photo: FIN-FSA)
For further information, please contact: Tero Kurenmaa, Director General. Requests for interviews are coordinated by FIN-FSA Communications, tel. +358 9 183 5030, Mon–Fri 9:00–16:00.