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Piero Cipollone, deputy governor of the Bank of Italy, poses in Rome, Italy, 2015, in this handout picture. Banca d’Italia’s official website/Handout via REUTERS/File Photo Acquire Licensing Rights
FRANKFURT, Sept 27 (Reuters) – The European Central Bank’s Governing Council on Wednesday approved the appointment of Italy’s Piero Cipollone as a member of the ECB’s Executive Board, replacing Fabio Panetta.
Cipollone, currently the deputy governor of the Bank of Italy, will officially be appointed by the European Council for an eight-year term, which should start after Panetta steps down on Oct 31.
Reporting By Francesco Canepa
Our Standards: The Thomson Reuters Trust Principles.
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