Pole in an crucial position in the EU Supervisory Authority

manager24.pl 1 month ago

Damian Jaworski will become the Executive manager of the European Insurance and Occupational Pensions Authority (EIOPA). His nomination on 17 December 2025 was approved by the European Parliament. The five-year word of office of the Executive manager of EIOPA will officially begin on 1 April 2026. According to Polish MEPs, this is another step towards strengthening Poland's position in the area of EU financial supervision.

EIOPA is 1 of the financial marketplace supervisors, in this case the insurance and pension fund market. There is financial supervision in the European Union, alleged sectoral supervision. In Poland, it is integrated due to the fact that there is only 1 body – the Financial Supervision Commission – to supervise all parts of the financial market, i.e. banking, insurance, pension and capital. EIOPA is so an crucial supervisory authority – says Newseria agency Hanna Gronkiewicz-Waltz, associate of the European Parliament from the Civic Coalition.

EIOPA is the European Insurance and Occupational Pensions Authority, which was established in 2011 and is based in Frankfurt am Main, Germany. It is part of the European strategy of Financial Supervision and acts as an independent advisory body of the European Commission, the European Parliament and the Council of the European Union. Its primary mission is to advance the stableness of the financial strategy and trust in insurance and pension markets, to guarantee transparency of markets and financial products, and to defend insured persons and members of pension schemes.

The position of Executive manager shall be 1 of the highest in the EIOPA structures. It shall be liable for the day-to-day management of that body, as well as for the implementation of its yearly and multiannual work programmes.

The Executive manager is primarily a individual who must be prepared in substance and who will be the Head of the EIOPA. Secondly, it must have any soft capacity to work well with the European Parliament, committees and another bodies – evaluates Hanna Gronkiewicz-Waltz.

Damian Jaworski was nominated as Executive manager by the EIOPA Board of Supervisors in October 2025. The selection of candidates assessed their management skills, professional experience as well as expertise relating to the activities of EIOPA as a regulatory and supervisory body of the financial market.

– Damian Jaworski had a very large number of votes – 44. Only single ones were holding back or against. I think his vast cognition of substance, his communication skills and his very fluent English have been determined. The people active in the economy, economy and insurance knew him before and made a very good impression on them – says the Euro MP. – It is substantively prepared and open to cooperation with the European Parliament.

Damian Jaworski presently serves as manager of the Department of global Cooperation at the Office of the Financial Supervision Commission (UKNF), to which he joined in 2009. He had previously spent 5 years in abroad service, where he served as a financial attaché at the Permanent Representation of the Republic of Poland to the EU in Brussels. The future Executive manager of EIOPA is besides a associate of its Supervisory Board. The representatives of the Office item his more than 30 years of experience in financial regulation and supervision at both national and European level and internationally.

– all good nomination strengthens Poland's position in Europe, as erstwhile Prime Minister Jerzy Buzek or Janusz Lewandowski as commissioner, formerly Danuta Hübner and a number of another people – emphasizes Hanna Gronkiewicz-Waltz.

Damian Jaworski will take the fresh position on April 1, 2026. He will replace Fausto Parente, who served as Executive manager for 2 terms. Prior to its inclusion, he was manager of the Directorate for Regulatory and Supervisory Policy in the Italian Insurance Supervision Authority (IVASS).

– First of all, we should anticipate the fresh manager to work properly, implement and prepare regulations. The fact is that we pass regulations, but they are frequently prepared by substantive bodies, specified as the Financial Supervision Commission is preparing a bill, and the legislative initiative always has only the Minister of Finance. Cooperation with another bodies is very crucial – emphasises the associate of the European Parliament from the civilian Coalition.

Read Entire Article