Eiopa set to select new executive director
The board of supervisors of the European Insurance and Occupational Pensions Authority (Eiopa) has confirmed the selection of Fausto Parente as new executive director, subject to approval by the European Parliament.
Parente is currently head of the Supervisory Regulation and Policy Directorate at the Italian Insurance Supervisor Istituto di Vigilanza sulle Assicurazioni (IVASS).
As executive director for Eiopa, he would be in charge of the day-to-day management of Eiopa including the implementation of its annual and multi-annual work programmes. His term of office would be set to five years and can be extended once.