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EBA board of supervisors selects new director
16 January 2020 London
Reporter: Maddie Saghir

Image: Shutterstock
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鈥檚 Committee on Economic and Monetary Affairs (ECON), has been informed about the decision in line with the EBA Regulation.
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