Following the selection process for the position of Managing Director of the Central Bank, as per the announcement published on December 7, 2021, it is hereby communicated that, upon evaluation of qualifications, completion of the required examinations, and the resolution of the Governing Board, Dr. Andrea Vivoli has been declared the successful candidate for this selection.
Dr. Vivoli assumed the role of Deputy Director as of June 1 and, in accordance with the terms set forth in the selection announcement, will assume the position of Acting Managing Director effective July 1, 2022, following the successful tenure of Avv. Giuseppe Ucci in this role. Upon completion of the six-month probationary period prescribed in the selection notice, and subject to the approval of the Great and General Council, he will assume the position of Managing Director for a six-year term, as stipulated in Article 14, Paragraph 2 of the Central Bank’s Statute.
Born in Florence in 1967, Dr. Vivoli graduated with honors in Economics and Business, with a thesis in Banking Techniques. He joined the Central Bank in December 2008 after serving for over 10 years in the Financial Intermediation Supervision Department of the Bank of Italy.. In the Central Bank, he has held multiple senior roles in the organizational units of the Supervision Department and as Inspector of the Supervision Committee. He has also led system-wide projects on behalf of the Central Bank, including the Monetary Agreement with the European Union, SEPA accession, and the establishment of the Credit Risk Register. Additionally, he has provided consultancy services in the private sector.
The Board of Directors is confident that the expertise, professionalism, and dedication of Dr. Vivoli will contribute to achieving even more ambitious goals and milestones for the benefit of the Central Bank and the Republic of San Marino.
The Board of Directors wishes to express its gratitude to Attorney Giuseppe Ucci, who will conclude his tenure at the Central Bank as Deputy Director on June 30, for the outstanding work accomplished and the great dedication shown towards the Central Bank, particularly in a period of significant challenges for the financial system.