Pierpaolo Grippa
Pierpaolo Grippa is a Senior Economist in the Monetary and Capital Markets Department of the International Monetary Fund. He is a team leader with wide experience in financial sector and climate-related analysis, having led financial sector assessments (FSAP) and technical assistance missions in several emerging market economies.
Background
Pierpaolo’s career spans a wide range of experiences in the field of financial regulation and supervision, financial stability, and policymaking.
Until 2013, he was head of the Division covering supervisory methods and financial conglomerates in the Financial Policy and Regulation department of Banca d’Italia. He was a member of several working groups in the Basel Committee, including on banks’ internal model validation, risk measurement, and counterpart credit risk. He was member of the teams assessing consistency of national regulation with the Basel capital framework in USA (2012) and China (2013).
Since joining the IMF, in 2013, he has assessed the compliance of supervisory frameworks with the Basel Core Principles for effective banking supervision (including in the UK and the Euro Area), conducted solvency and liquidity stress tests, and spearheaded the initial development of scenario-based climate risk analysis in FSAPs (UK and Norway).
Pierpaolo holds an MA in economics from the University of Essex and a PhD degree in economics from Università degli Studi di Roma “La Sapienza”.
Research interests
- Scenario-based analysis of climate-related risks
- Role of financial sector authorities in the economy transition
- Global prudential policies and their impact on the transition in emerging markets
- Integrating transition plans in financial supervision