Mario Draghi OMRI |
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President of the European Central Bank | |
Assumed office 1 November 2011 |
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Vice President | Vítor Constâncio |
Preceded by | Jean-Claude Trichet |
Chairman of the Financial Stability Board | |
In office 2 April 2009 – 4 November 2011 |
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Preceded by | Position established |
Succeeded by | Mark Carney |
Governor of the Bank of Italy | |
In office 29 December 2005 – 31 October 2011 |
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Preceded by | Antonio Fazio |
Succeeded by | Ignazio Visco |
Personal details | |
Born |
Rome, Italy |
3 September 1947
Alma mater |
Sapienza University of Rome Massachusetts Institute of Technology |
Signature |
Mario Draghi OMRI (Italian pronunciation: [ˈmaːrjo ˈdraːɡi]; born 3 September 1947) is an Italian economist, manager and banker who succeeded Jean-Claude Trichet as the President of the European Central Bank on 1 November 2011.
Draghi previously worked at Goldman Sachs from 2002 until 2005 before becoming the governor of the Bank of Italy in December 2005, where he served until October 2011. In 2014 Draghi was listed as the 8th most powerful person in the world by Forbes. In 2015 Fortune magazine ranked him as the world's second greatest leader.
He was born in Rome. His father Carlo joined Banca d'Italia in 1922, later IRI and in the end Banca Nazionale del Lavoro. His mother, Gilda Mancini was a pharmacist. Mario is the first of three children: Andreina, art historian, and Marcello, entrepreneur. He studied at the Massimiliano Massimo Institute and graduated from La Sapienza University under the supervision of Federico Caffè with his thesis titled Economic integration and exchange rates changes. Then he earned a PhD in economics from the Massachusetts Institute of Technology in 1976 with his thesis titled Essays on economic theory and applications, under the supervision of Franco Modigliani and Robert Solow. He was full professor at the Cesare Alfieri Faculty of Political Science of the University of Florence from 1981 until 1994 and fellow of the Institute of Politics at the John F. Kennedy School of Government, Harvard University (2001).