Petra Hielkema has begun her new role as chairperson of the European Insurance and Occupational Pensions Authority (EIOPA).

Hielkema replaces Gabriel Bernardino who stepped down at the end of March. Her appointment was announced in May 2021 by the Council of the European Union based on the shortlist of candidates for the position of chairperson drawn up by EIOPA’s Board of Supervisors and following confirmation by the European Parliament.

She will serve as chairperson of EIOPA for a period of five years but the term can be renewed once, as was the case for Bernardino. Prior to becoming EIOPA chairperson, she was director for insurance supervision at the Dutch central bank, where she was responsible for the prudential supervision of the Dutch insurance sector. She holds a European Master’s in law and economics and a Master’s in Russian studies.

Commenting, Hielkema, said: “It is a great honour to take up this important role, at such a challenging time. Climate change, recovery from the pandemic and digitalisation are all huge challenges for society, but they are also all areas where insurance companies and pension fund providers can play a significant role in mitigating the risks and fostering a more resilient society.

“I am looking forward to working together with the members of the Board of Supervisors, consumer groups, industry, policymakers and the committed staff of this well-functioning organisation with a common goal - protection of European consumers and beneficiaries and financial stability."

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