Ignazio Visco

Not to be confused with Vincenzo 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 (1949-11-21) 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).

From 28 January 2015,[6] Ignazio Visco is being investigated by the Prosecutor in Spoleto for complicity in corruption, abuse of office, fraud and infidelity after giving or promise of benefits.[7]

Works

References

Wikimedia Commons has media related to Ignazio Visco.
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
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