Andrea Enria

Andrea Enria is the first Chairperson of the European Banking Authority (EBA). He took up office on 1 March, 2011 and is serving a term of five years. He represents the EBA and is responsible for preparing the work of the Board of Supervisors and chairs its meetings as well as those of the Management Board.
Prior to taking up this role, Andrea Enria was the Head of the Regulation and Supervisory Policy Department at the Bank of Italy. He had previously served as Secretary General of the Committee of European Banking Supervisors (the EBA's predecessor). In the past, he also held the position of Head of Financial Supervision Division at the European Central Bank. Before joining the ECB, he worked for several years in the Research Department and in the Supervisory Department of the Bank of Italy.
He holds a BA in Economics from the Bocconi University and a M. Phil. in Economics from the Cambridge University.

Completing the Repair of the EU Banking Sector- A Critical Review of an EU Asset Management Company

July 5, 2017 by Andrea Enria, Piers Haben and Mario Quagliariello

The final step in the repair of the EU banking sector is cleaning up legacy assets. Otherwise, all of the work we have done to strengthen banks’ capital and assess the quality of their assets will not have the desired positive impact on new lending into the real economy. Progress is in train but has […]

Sovereign Risk: Black Swans and White Elephants

July 8, 2016 by Andrea Enria, Adam Farkas and Lars Jul Overby

It can be argued that sovereign risk refers to ‘black swan’ events as characterised in Taleb (2008), rare and extreme events with retrospective (though not prospective) predictability. In addition since banking risk is intrinsically linked to sovereign risks, it can also be denoted as a ‘white elephant’ type of risk, i.e. a risk that although […]