Ignazio Visco
| Ignazio Visco | |
|---|---|
 | |
| Governor of the Bank of Italy | |
|
Assumed office 1 November 2011 | |
| Preceded by | Mario Draghi |
| Deputy Director General of the Bank of Italy | |
|
In office 9 January 2007 – 1 November 2011 | |
| Preceded by | Pierluigi Ciocca |
| Succeeded by | Salvatore Rossi |
| Personal details | |
| Born |
21 November 1949 Naples, Italy |
| Alma mater |
Sapienza University University of Pennsylvania |
Ignazio Visco (Italian pronunciation: [iɲˈɲattsjo ˈvisko]; born 21 November 1949) is an Italian economist and the current Governor of the Bank of Italy.[1][2]
Early life and education
Visco was born in Naples on 21 November 1949.[3] He obtained a summa cum laude degree in economics from the Sapienza University of Rome[3] in 1971 with Federico Caffè as supervisor and continued his studies at the University of Pennsylvania (Economics Department), where he obtained an MA in 1974 and a PhD in 1981.[3]
Career
In 1972 Visco began his career at the Bank of Italy and in 1990 he was named head of the research department; from 1997 to 2002 he was chief economist of the Organisation for Economic Co-operation and Development (OECD) and on 9 January 2007 he was named deputy director general of the Bank of Italy (alongside Giovanni Carosio) and a member of its Direttorio (Board of Directors).[4]
On 24 October 2011 Visco was named to succeed Mario Draghi as governor of the Bank of Italy by Italian President Giorgio Napolitano.[2][5]
Starting from 1 January 2013, in accordance with Legislative Decree 95/12 (converted into law, with modifications, from Law no.135/2012), he also holds the position of chairman of the joint governing board of the Italian Insurance Supervisory Authority (IVASS).
On 28 January 2015,[6] Ignazio Visco was placed under investigation by the Prosecutor of Spoleto as part a probe into the special administration of Banca Popolare di Spoleto.[7] In September 2016, the case was definitively dropped by a judge, upholding the prosecutor's request.[8]
Works
- Price Expectations in Rising Inflation, North Holland, 1984
- Le aspettative nell'analisi economica, Il Mulino, 1985
- Inflazione, concorrenza e sviluppo (with Stefano Micossi), Il Mulino, 1993
- Saving and the Accumulation of Wealth (with Albert Ando and Luigi Guiso), Cambridge University Press, 1994
- L'economia italiana (with Federico L. Signorini), Il Mulino, 2002
- Ageing and Pension System Reform (as Chairman of the G-10 Working Group), 2005 (PDF)
- Investire in conoscenza, Il Mulino, 2009
References
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Wikimedia Commons has media related to Ignazio Visco. |
- ↑ Bio from the Bank of Italy website
- 1 2 "Bankitalia, alla fine l'outsider: Berlusconi sceglie Ignazio Visco". la Repubblica (in Italian). 20 October 2011. Retrieved 21 October 2011.
- 1 2 3 "Berlusconi chooses Ignazio Visco to head Bank of Italy". AFP Global Edition. 20 October 2011. Retrieved 19 June 2013.
- ↑ Bocciarelli, Rossella (20 December 2006). "Giovanni Carosio e Ignazio Visco nel Direttorio di Bankitalia". Il Sole 24 Ore (in Italian). Retrieved 21 October 2011.
- ↑ Donovan, Jeffrey (24 October 2011). "Italian President Signs Decree to Name Visco Bank of Italy Head". Bloomberg Businessweek. Retrieved 1 November 2011.
- ↑ "Atti Procura di Spoleto, Visco indagato. Bankitalia: non entriamo in merito vicenda Bps". Il Sole 24 Ore (in Italian). 20 October 2015. Retrieved 18 May 2016.
- ↑ Elli, Stefano (21 October 2015). "Bank of Italy Governor Visco investigated for sale of troubled bank after shareholders' legal action". ItalyEurope24 by Il Sole 24 Ore. Retrieved 18 May 2016.
- ↑ "Case against Visco shelved". ANSA news agency. 20 September 2016. Retrieved 21 September 2016.
| Civic offices | ||
|---|---|---|
| Preceded by Pierluigi Ciocca |
Deputy Director General of the Bank of Italy 2007–2011 |
Succeeded by Salvatore Rossi |
| Preceded by Mario Draghi |
Governor of the Bank of Italy 2011–present |
Incumbent |