Author(s): by Gabriel Bernardino
Date published: Sep 2011
The 2012 SUERF Annual Lecture was delivered by Gabriel Bernardino, Chairman of the European Insurance and Occupational Pensions Authority (EIOPA), during the SUERF/Bank of Finland/CEPR/Journal for Financial Intermediation Conference on "The Future of Risk Management" in the in the Palace of the Estates, Helsinki on "Risk Management: A supervisor's view".
2011 SUERF Annual Lecturer - Gabriel Bernardino was elected as the first chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) by EIOPA's Board of Supervisors on 10 January, 2011 and was confirmed by the European Parliament on 3 February, 2011. Prior to the establishment of EIOPA, Mr. Bernardino was Director General of the Directorate for Development and Institutional Relations at the Instituto de Seguros de Portugal (ISP), and represented EIOPA's predecessor, CEIOPS, as Chairman between October 2009 and December 2010. He has also served in working groups during the Portuguese Presidency of the European Union, subcommittees of the International Association of Insurance Supervisors (IAIS) and is a member of the Portuguese Institute of Actuaries. He holds Bachelor's and Master's degrees from the Universidade Nova de Lisboa, Portugal. The European Insurance and Occupational Pensions Authority (EIOPA) was established in consequence of the reforms to the structure of supervision of the financial sector in the European Union. The reform was initiated by the European Commission, following the recommendations of a Committee of Wise Men, chaired by Mr. de Larosière, and supported by the European Council and Parliament. EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board. It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission. EIOPA's core responsibilities are to support the stability of the financial system, transparency of markets and financial.