Ignazio Visco | |
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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 |
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Preceded by | Pierluigi Ciocca |
Succeeded by | Salvatore Rossi |
Personal details | |
Born |
Naples, Italy |
21 November 1949
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.
Visco was born in Naples on 21 November 1949. He obtained a summa cum laude degree in economics from the Sapienza University of Rome 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.
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).
On 24 October 2011 Visco was named to succeed Mario Draghi as governor of the Bank of Italy by Italian President Giorgio Napolitano.
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).