Frankfurt, 16 December 2015 – Today, the European Parliament confirmed the re-appointment of Gabriel Bernardino as Chairman of the European Insurance and Occupational Pensions Authority (EIOPA). It will be Mr Bernardino’s second five-year term, starting on 1 March 2016.

“I am grateful for the trust and confidence that the European Parliament and EIOPA’s Board of Supervisors have put in me to continue leading EIOPA in the coming five years”, Gabriel Bernardino said.

In the past five years, EIOPA has grown into an entity with a strong voice and has been a driving force in regulatory convergence. We have been delivering high quality regulation, technical advice and analysis at the European Union level, reinforcing consumer protection and strengthening the European supervisory position in the international arena.

The credit of these achievements goes to the entire EIOPA team, top professionals I have the honour to lead and to the colleagues of the National Supervisory Authorities (NSAs) I have the pleasure to work with. Without their unparalleled expertise, their enthusiasm in working for Europe, their strong and continuous commitment also in stressful times, EIOPA would have simply not been able to deliver on its responsibilities.

I am very much looking forward to work with EIOPA’s management team and staff together with the Board of Supervisors and NSAs’ colleagues on a new journey for EIOPA: to deliver the strategic shift from regulation to supervision, to achieve supervisory convergence, to further enhance consumer protection and to preserve financial stability in the European Union.

In its daily relationship with counterparts, stakeholders and the public, EIOPA will continue applying the principles of independence, integrity, transparency and efficiency. We will proceed with building a modern, dynamic and credible supervisory authority, working for the public good with a truly European spirit.”