Recital 11

(11)Council Regulation (EU) No 1096/2010 ⁹ provides that the head of the ESRB Secretariat is to be appointed by the ECB, in consultation with the General Board. To raise the profile of the head of the ESRB Secretariat, the General Board should assess, in an open and transparent procedure, whether the shortlisted candidates for the position of head of the ESRB Secretariat possess the qualities and experience necessary to manage the ESRB Secretariat. The ECB should consider systematically opening the selection procedure to external candidates. The General Board should inform the European Parliament and the Council about the assessment procedure. Furthermore, the tasks of the head of the ESRB Secretariat should be clarified.