EBA board of supervisors selects new director 16 January 2020London Reporter: Maddie Saghir
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The European Banking Authority (EBA) board of supervisors has nominated Gerry Cross to be the new executive director of the authority.
Currently, Cross serves as a director of financial regulation policy and risk, at the Central Bank of Ireland.
Cross was selected from a shortlist of candidates compiled by the EBA Selection Committee, and he will be invited to a public hearing.
After confirmation by the European Parliament, he will be appointed for a renewable five-year term.
Meanwhile, Irene Tinagli, the chair of the European Parliament’s Committee on Economic and Monetary Affairs (ECON), has been informed about the decision in line with the EBA Regulation.
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