Piero Cipollone

Piero Cipollone has been a member of the Executive Board of the European Central Bank since 1 November 2023. He is responsible for the Directorate Banknotes, the Directorate General International and European Relations and the Directorate General Market Infrastructure and Payments. Before joining the ECB, Mr Cipollone was Deputy Governor of the Banca d’Italia and a member of the Board of the Italian Institute for the Supervision of Insurance. He also served as a member of the Coordination Group for the Cross-border payments programme at the Bank for International Settlements. He previously served as an Executive Director on the Board of the World Bank Group. Mr Cipollone graduated with honours in economics from the Sapienza University of Rome. He holds a Master of Arts in economics from Stanford University and was a visiting scholar at the economics department of the University of California, Berkeley. Mr Cipollone is the author of several books. His papers have been published in international journals such as the American Economic Review, the Journal of the European Economic Association and the Journal of Policy Modeling.