International Association of Deposit Insurers Announces Appointment of New Vice Chair of the Executive Council
The IADI Executive Council elected Mr Giuseppe Boccuzzi as Vice Chair of the Executive Council (EXCO) of IADI on 30 May 2018 for a one-year term, at its 55th EXCO Meeting held in Moscow, Russia.
Mr Giuseppe Boccuzzi, Director General of the Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) of Italy, has had a long career as an officer at the Bank of Italy in roles within the banking and financial supervisory area, especially as the representative to the Basel Committee on Banking Supervision from 2006 to 2008. He also participated in the work of the European Commission for the preparation of the 94/19/EC Directive on Deposit Guarantee Schemes, and was appointed to the Financial Stability Forum's Task Force on Dealing with Weak Banks, in collaboration with the World Bank and the International Monetary Fund.
Mr Boccuzzi was recently reappointed for a further three-year term as IADI’s Europe Regional Committee Chairperson. In addition, commencing from early 2018, Mr Boccuzzi led a Working Group which produced the IADI Code of Ethics and Conduct.
The Vice Chair of the Executive Council will act for the Chair of the Executive Council in the event of the Chair’s absence. When acting for the Chair, the Vice Chair is primarily responsible for the effective operation of the Executive Council, and for making presentations and representing the Executive Council as appropriate. The Vice Chair assists the Chair in ensuring that the relationship between the members of the Executive Council and the Secretary General facilitates IADI fulfilling its mandate.
Mr Boccuzzi stated that he would ensure his commitment and collaborative experience is dedicated in support of the Chair of the Executive Council, in the pursuit of IADI’s objectives.