The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) decided yesterday not to draw up at this moment in time a shortlist of qualified candidates for the position of EIOPA Chairperson, but to launch a new selection procedure. The new recruitment procedure will be discussed in the next Board of Supervisors meeting at the end of November and launched in the following weeks.
According to EIOPA Regulation, the Chairperson’s term of office shall be 5 years and may be extended once. The Chairperson shall be selected on the basis of merit, skills, knowledge of financial institutions and markets, and of experience relevant to financial supervision and regulation. Following an open selection procedure, the first vacancy notice for EIOPA Chairperson was published in the Official Journal of the European Union on 15 July 2020.