Piero Cipollone
Member of the ECB's Executive Board
- Date of birth
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3 January 1962
- Place of birth
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Avezzano (AQ), Italy
- Education
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2001
Visiting scholar, Economics Department, University of California at Berkeley
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1992
Master of Arts in Economics, Stanford University
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1982
Degree with honours in Economics, Sapienza University of Rome
- Career
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2020-2023
Deputy Governor of the Banca d’Italia
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2018-2019
Economic adviser to Italian Prime Minister
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2017-2018
Deputy Director General for Currency Circulation and Accounting, Banca d’Italia
Member of the ECB Budget Committee -
2015-2016
Head of Planning and Controls Directorate, Banca d’Italia
Member of the ECB Budget Committee -
2011-2014
Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino and Timor-Leste, World Bank Group
Chairman of the Audit Committee, World Bank Group -
2007-2010
President of the Istituto nazionale per la valutazione del sistema educativo di istruzione e di formazione (Italian Institute for the Evaluation of the Education and Training System, INVALSI)
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2003-2007
Head of the Labour Market Unit, Research Department, Banca d’Italia
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1998-2001
Economist in the Labour Market Unit, Research Department, Banca d’Italia
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1995-1997
Economist in the Balance of Payments Unit, Research Department, Banca d’Italia
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1992-1994
Senior adviser to the Minister of Foreign Trade, and Chief of technical staff, Ministry of Foreign Trade
- Teaching experience
- 1993-2001
LUISS University, Rome: Monetary Policy
- 1992-1994
University of L’Aquila: Labour Economics
- 1988-1991
Stanford University: Labour Economics
- Selected professional activities
Chair of the Eurosystem High-Level Task Force on the Digital Euro, since 2023
Chairman of the Euro Retail Payments Board (ERPB), since 2023
Chairman of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB), since 2023
Member of the Organisation for Economic Co-operation and Development Working Party No. 3 on Co-operation and Enforcement, 2022-2023
Member of the ECB High-Level Task Force on the Integrated Reporting Framework, 2022-2023
Member of the Coordination Group for the cross-border payments programme, Bank for International Settlements, 2021-2023
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Member of the Board of the Italian Institute for the Supervision of Insurance (Istituto per la Vigilanza sulle Assicurazioni, Ivass), 2020-2023
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Chair of the Executive Board of CEIS-Sviluppo (Centre for Economic and International Studies, Tor Vergata University, Rome), 2015-2017
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Member of the Award Committee for the Rita Levi-Montalcini Award for Scientific Cooperation between Italy and Israel, 2015
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Member of the Scientific Committee of the Collegio Internazionale Ca' Foscari (Ca’ Foscari University of Venice International College), 2012-2015
- Selected honours, awards and grants
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Knight of the Order of Merit of the Italian Republic
- Selected publications
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“Social Interactions in High School: Lessons From an Earthquake”, with Rosolia, A., American Economic Review, Vol. 97, No 3, 2007
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“Does the ILO Definition Capture All Unemployment?”, with Brandolini, A. and Viviano, E., Journal of European Economic Association, Vol. 4, Issue 1, March 2006
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“Multifactor Productivity and Labour Quality in Italy, 1981-2000”, with Brandolini, A., Temi di Discussione, No 422, Banca d’Italia, 2001
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“Is the Italian Labour Market Segmented?”, Temi di Discussione, No 400, Banca d’Italia, 2001
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“Bottlenecks, limits to growth and inflationary pressure: a multisectoral analysis of Italian industry”, with Marchetti, D.J., Journal of Policy Modeling, No 23, 2001.
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Il capitale Umano, Il Mulino, Bologna, 2010
- Referee for
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Banca d’Italia Temi di Discussione, B.E. Journal of Economic Analysis & Policy, Fiscal Studies, Journal of Banking and Finance, Journal of the European Economic Association, Journal of Population Economics, Labour, Labour Economics, Politica Economica, Rivista Italiana degli Economisti