· organisation

Piero Cipollone on Banca d'Italia

Former Deputy Governor (strong)

TL;DR

Piero Cipollone previously served as Deputy Governor of Banca d'Italia before taking a role on the ECB's Executive Board.

Key Points

  • Piero Cipollone served as Deputy Governor of the Bank of Italy from 2020 through October 2023.

  • He was a member of the Board of the Italian Institute for the Supervision of Insurance while at Banca d'Italia.

  • His career at the central bank included earlier work as Head of the Planning and Controls Directorate starting in 2015.

Summary

Piero Cipollone's direct relationship with Banca d'Italia is historical, characterized by his service as its Deputy Governor until late 2023. During his tenure, which began in 2020, he held significant responsibilities within the Italian central bank, including membership on its Governing Board. His work at Banca d'Italia involved key areas such as banking and financial supervision, resolution, crisis management, and anti-money laundering regulation. He also contributed to financial stability matters and payment system oversight.

Following his time at the central bank, Mr. Cipollone left the Deputy Governor position prematurely on October 31, 2023, to assume his appointment as a member of the Executive Board of the European Central Bank. His career path within the institution included earlier roles, such as Head of the Planning and Controls Directorate and economist positions in various departments, demonstrating a long-standing career within the Bank of Italy's structure.

Key Quotes

...the research, empirical analyses and international comparisons carried out at Banca d'Italia are based on a vast wealth of statistics that are processed and disseminated in accordance with the highest international standards, and are publicly available.

Piero Cipollone, Deputy Governor of the Bank of Italy, spoke today at the conference on the 'Digital Platforms and Global Law', organized by Unidroit with Roma Tre University and ELI (European Law Institute).

Frequently Asked Questions

Piero Cipollone held the position of Deputy Governor of the Banca d'Italia, starting in 2020 and concluding in October 2023. In this capacity, he was a member of the Bank's Governing Board. His responsibilities covered key areas like banking supervision and financial stability.

Mr. Cipollone left his role as Deputy Governor of the Banca d'Italia on October 31, 2023. This departure was to facilitate his transition to the Executive Board of the European Central Bank. His move to the ECB officially began on November 1, 2023.

Yes, Piero Cipollone had a long career progression within Banca d'Italia before becoming Deputy Governor. He previously served as Head of the Planning and Controls Directorate and held various economist roles within departments like Research.

Sources9

* This is not an exhaustive list of sources.