Background
Elke König was born in Cologne (Rhineland).
Diplom-Merchant statutory auditor
Elke König was born in Cologne (Rhineland).
She studied Business Administration at the University of Cologne from 1972 to 1976, where she earned a doctoral degree (Doctor rer pol) between 1976-1980.
From January 2012, she was president of the Federal Financial Supervisory Authority (BaFin). In December 2014, she became the first Executive Director of the newly established Single Resolution Board (SRB) of the Single Resolution Mechanism headquartered in Brussels
From 1980 to 1990, she worked for Klynveld Peat Marwick Goerdeler Deutsche Treuhandgesellschaft in Cologne auditing and advising insurance undertakings, from 1986 as a holder of a special statutory authority (“Prokuristin”) and from 1988 as a director and partner. In January 2012, König was the successor of Jochen Sanio as president of the Federal Financial Supervisory Authority (BaFin) in Bonn.
The formal handover took place on 24 January 2012 in Frankfurt.
Her successor there was 2015 Felix Hufeld.
From 1990 to 2002, as a member of senior management of the Munich Re Group, Doctor König was Head of Accounting before moving to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to end-2011, Doctor König was a member of the International Accounting Standards Board (IASB) in London.