Mr Ignacio Terol is Deputy Head of Division at the ECB in the Market Infrastructure Development Division. In this capacity, he is responsible for new projects and possible future development of Eurosystem services in the area of Market Infrastructures. This includes Instant Payment Settlement (TIPS), TARGET2/T2S consolidation and Eurosystem Collateral Management Service. Mr Terol has been involved in the T2S project since its conception in 2006 to which he remains associated. Before that he worked on several reports of the Committee on Payment and Settlement Systems (now CPMI) between 2000 and 2005.
Mr Terol holds a degree on economics and business administration from the Centro Universitario de EstudiosFinancieros (CUNEF).