OREANDA-NEWS.  The Swiss National Bank (SNB) today announced that Barbara Janom Steiner has been elected as member of the Bank Council for the remainder of the 2012–2016 term of office by the Federal Council, at its meeting of 13 March 2015. Barbara Janom Steiner is Member of the Cantonal Government and Head of the Department of Finance and Communal Affairs of the Canton of Graubünden. She will take office as member of the SNB Bank Council on 1 May 2015.

Barbara Janom Steiner succeeds Ticino Government Councillor Laura Sadis, who tendered her resignation from the Bank Council as of 31 March 2015. The SNB would like to take this opportunity to thank Laura Sadis for her many years of service and wish her all the best for the future.

The Bank Council supervises and monitors the conduct of business by the SNB, in particular as regards compliance with legislation, regulations and directives. It is made up of eleven members. Under the provisions of the National Bank Act, six members are elected by the Federal Council and five by the General Meeting of Shareholders.