ESAs select Andries to lead DORA joint oversight
04 October 2024 Europe
Image: Marc_Andries/LinkedIn
The European Supervisory Authorities (ESAs) have appointed Marc Andries to lead a new joint directorate in charge of oversight activities for third-party providers under the Digital Operational Resilience Act (DORA).
In his new role as DORA joint oversight director, Andries will be responsible for implementing and running an oversight framework for critical IT third-party service providers (CTPPs) at a pan-European scale, ensuring smooth operations and stability of the EU financial sector.
Andries has held responsibilities in the areas of IT for more than 30 years, with experience in IT project management, oversight, and supervision.
He has also been an active member of several international groups dealing with IT risks.
He takes on the new role after a 32-year-long tenure at Banque de France, where he was most recently chief inspector, banking supervision, at the French Prudential Supervision and Resolution Authority (ACPR).
Andries earned a master of public administration degree in economy, law, and public affairs from Sciences Po, along with a master’s degree in law from the University of Lille 1 Sciences and Technology.
The ESAs consist of the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA).
The entities work on harmonising financial supervision in the EU by developing a set of standards for financial institutions, and they are also responsible for assessing risks in the financial sector.
The ESAs published the final report on the draft regulatory technical standards under DORA in July.
In his new role as DORA joint oversight director, Andries will be responsible for implementing and running an oversight framework for critical IT third-party service providers (CTPPs) at a pan-European scale, ensuring smooth operations and stability of the EU financial sector.
Andries has held responsibilities in the areas of IT for more than 30 years, with experience in IT project management, oversight, and supervision.
He has also been an active member of several international groups dealing with IT risks.
He takes on the new role after a 32-year-long tenure at Banque de France, where he was most recently chief inspector, banking supervision, at the French Prudential Supervision and Resolution Authority (ACPR).
Andries earned a master of public administration degree in economy, law, and public affairs from Sciences Po, along with a master’s degree in law from the University of Lille 1 Sciences and Technology.
The ESAs consist of the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA).
The entities work on harmonising financial supervision in the EU by developing a set of standards for financial institutions, and they are also responsible for assessing risks in the financial sector.
The ESAs published the final report on the draft regulatory technical standards under DORA in July.
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