Fabio Perata

Head of Banking Supervision Division at European Central Bank

Speaker

Fabio Perata is Head of Division in the Banking Supervision arm of ECB, in Frankfurt am Main, that he joined in 2014 with the set-up of the Single Supervisory Mechanism (SSM), conceived as 1^st pillar of the EU banking union.

He’s primarily responsible for designing and ensuring the implementation across the Joint Supervisory Teams under his oversight of a sound supervisory strategy aimed at improving the risk profile of a large portfolio of banks in the Euro Area, formalised via the annual SREP exercise, a certain number of targeted supervisory reviews and more ad-hoc supervisory measures.

As qualified member of the SSM Management, he’s also very active in leading cross initiatives aimed at improving SSM processes and methodologies or to address SSM priorities, mainly in the areas of IRB models, Credit risk, Governance, Business Models, Capital management, IT Risk Management.

Prior to ECB, Fabio had a quite diversified career path, fulfilling many roles of responsibility (Financial Controller in a large French Insurance Group, External Audit Senior Manager in one of the Big Four, Internal Audit Director in an Italian Banking Conglomerate), in very heterogenous working and cultural environments, but always with a strong focus on risks, compliance and internal controls.

He could also develop an in-depth knowledge of the main business and operational processes in Retail Banking, Insurance, Asset Management, Consumer Finance. Overall, he always provided relevant contributions and pragmatic solutions for the development of a sound risk management and control framework in large and complex financial institutions.

Fabio holds a master’s degree in Business Administration from Bocconi University in Milan, integrated by a short term exchange at the MBA of University of Michigan – Ann Arbor – USA, and he got several professional certificates as expert in Internal Audit, Risk Management, Anti-Money Laundering and ESG.