Piero Cipollone
Member of the ECB's Executive Board
- Date of birth
- 
     3 January 1962 
- Place of birth
- 
      Avezzano (AQ), Italy 
- Education
- 
      2001
      Visiting scholar, Economics Department, University of California at Berkeley 
- 
      1992
      Master of Arts in Economics, Stanford University 
- 
      1982
      Degree with honours in Economics, Sapienza University of Rome 
- Career
- 
      2020-2023
      Deputy Governor of the Banca d’Italia 
- 
      2018-2019
      Economic adviser to Italian Prime Minister 
- 
      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) 
- 
      2003-2007
      Head of the Labour Market Unit, Research Department, Banca d’Italia 
- 
      1998-2001
      Economist in the Labour Market Unit, Research Department, Banca d’Italia 
- 
      1995-1997
      Economist in the Balance of Payments Unit, Research Department, Banca d’Italia 
- 
      1992-1994
      Senior adviser to the Minister of Foreign Trade, and Chief of technical staff, Ministry of Foreign Trade 
- Teaching experience
- 1993-2001LUISS University, Rome: Monetary Policy 
- 1992-1994University of L’Aquila: Labour Economics 
- 1988-1991Stanford 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 
- 
      Member of the Board of the Italian Institute for the Supervision of Insurance (Istituto per la Vigilanza sulle Assicurazioni, Ivass), 2020-2023 
- 
      Chair of the Executive Board of CEIS-Sviluppo (Centre for Economic and International Studies, Tor Vergata University, Rome), 2015-2017 
- 
      Member of the Award Committee for the Rita Levi-Montalcini Award for Scientific Cooperation between Italy and Israel, 2015 
- 
      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
- 
      Knight of the Order of Merit of the Italian Republic 
- Selected publications
- 
         “Social Interactions in High School: Lessons From an Earthquake”, with Rosolia, A., American Economic Review, Vol. 97, No 3, 2007 
- 
         “Does the ILO Definition Capture All Unemployment?”, with Brandolini, A. and Viviano, E., Journal of European Economic Association, Vol. 4, Issue 1, March 2006 
- 
         “Multifactor Productivity and Labour Quality in Italy, 1981-2000”, with Brandolini, A., Temi di Discussione, No 422, Banca d’Italia, 2001 
- 
         “Is the Italian Labour Market Segmented?”, Temi di Discussione, No 400, Banca d’Italia, 2001 
- 
         “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