Director of the Financial Stability Department at Banco de España. Currently member of the Advisory Technical Committee (ATC) of the European Systemic Risk Board (ESRB) and of the Financial Stability Committee (FSC) of the European Central Bank/Eurosystem. Member of the High Level Macro-Prudential Group (MPG) of the Basel Committee on Banking Supervision (BCBS) as well as its Research Task Force (RTF). Ph.D. in Economics, Universidad Complutense de Madrid. CEMFI postgraduate. Former Associate Professor at Carlos III University in Madrid. He collaborates with the Financial Stability Institute (FSI) in Basel to train central banks and banking supervisory authorities on financial stability issues and regulatory matters. He has worked as a short-term consultant for international organizations and national authorities (e.g. dynamic provisions, financial stability issues, stress testing, macroprudential analysis and policy). Papers published at American Economic Review; Econometrica; Journal of Political Economy, Review of Financial Studies; Journal of Financial Economics; Journal of Financial Intermediation; Journal of Money, Credit and Banking; Journal of Banking and Finance; European Accounting Review; European Economic Review; Review of Industrial Organization; and the International Journal of Central Banking, among other journals.
Mario Nava (born Milan, 1966) holds a first degree in economics from Bocconi University (1989), an MA from the Université Catholique de Louvain, Belgium (1992) and a PhD in Public Finance from the London School of Economics (1996).
As of May 2016, he is Director of the ‘Financial system surveillance and crisis management’ directorate in the Financial Stability, Financial Services and Capital Markets Union DG (formerly the Internal Markets and Services DG) of the European Commission. He was previously Director of the ‘Regulation and prudential supervision of financial institutions’ directorate. Prior to that, from April 2011, he held the position of Acting Director. From November 2009 until September 2013, he was Head of the ‘Banking and Financial Conglomerates’ unit.
Previously, he the Head of the “Financial Markets Infrastructure” Unit. a member of the Group of Policy Advisers of the EU Commission President, Prof. Romano Prodi, and a member of the Cabinet of the Competition Commissioner, Prof. Mario Monti (2000-2001).
Alongside his work at the Commission he is active in research and teaching.