Sabine Lautenschläger, born in Stuttgart in 1964, studied law in Bonn. After passing the second state examination in law, she joined the Bundesaufsichtsamt für das Kreditwesen (Federal Banking Supervisory Office). In the course of her career at that institution, which has meanwhile become the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin – Federal Financial Supervisory Authority), she held several management positions and was ultimately appointed Chief Executive Director of Banking Supervision in 2008. In 2011 Ms Lautenschläger moved to the Deutsche Bundesbank, serving as the Deputy President, the first woman to hold that position, until January 2014, when she was appointed to the Executive Board of the European Central Bank. Since her appointment as Vice-Chair of the Supervisory Board in February 2014, she has also been responsible for the Single Supervisory Mechanism. She also represents the Single Supervisory Mechanism in the Basel Committee on Banking Supervision.
