Teija Korpiaho appointed member of EIOPA’s Management Board for a second term
Teija Korpiaho, Chief Adviser, Insurance Supervision department, Financial Supervisory Authority, has been appointed member of the Management Board of the European Insurance and Occupational Pensions Authority (EIOPA) for a second term of 2.5 years, effective from of 1 January 2026. The Management Board is composed of EIOPA’s Chairperson, six representatives of national supervisory authorities and a representative of the European Commission. Korpiaho will also serve as a full member of EIOPA’s Board of Supervisors.
"It is an honor to continue to work on the management board. We have many interesting and important issues on the table. We are preparing to introduce an updated solvency regulation for non-life and life insurance companies, and the recovery and resolution framework is a whole new set of regulations at EU level. An all-encompassing important objective is also to reduce the reporting and administrative burden. We have already done a lot, but there is still room for improvement," says Teija Korpiaho.
EIOPA’s mission is to help maintain the stability of the financial system, promote transparency of markets and financial products, and help protect the rights of policyholders, pension scheme members and beneficiaries. As a member of the Management Board, it is possible to influence, in addition to the common EU supervisory culture, consideration of the supervisory culture views of the Nordic countries.
Further information on EIOPA's activities