Tommaso Padoa-Schioppa
| Tommaso Padoa-Schioppa | |
|---|---|
 |
|
| Minister of Economy and Finances | |
|
In office 17 May 2006 – 8 May 2008 |
|
| Prime Minister | Romano Prodi |
| Deputy | Vincenzo Visco Roberto Pinza |
| Preceded by | Giulio Tremonti |
| Succeeded by | Giulio Tremonti |
| Personal details | |
| Born |
23 July 1940 Belluno, Italy |
| Died | 18 December 2010 (aged 70) Rome, Italy |
| Nationality | Italian |
| Political party | Independent |
| Spouse(s) | Fiorella Kostoris (divorced); 3 children |
| Alma mater |
Bocconi University Massachusetts Institute of Technology |
| Profession | Economist |
Tommaso Padoa-Schioppa, OMRI (Italian pronunciation: [tomˈmaːzo ˈpaːdoa ˈskjɔppa]; 23 July 1940 – 18 December 2010) was a well-known Italian banker and economist who was Italy's Minister of Economy and Finances from May 2006 until May 2008. He is considered as a founding father of the European single currency. He is a former member of the Steering Committee of the Bilderberg Group.
Born in the mountain town of Belluno, in north-eastern Italy. Both his parents were intellectuals. His father, Fabio (1911–2012), whom he did not meet until after the war in 1945, was a teacher and later became a senior executive at the insurance company Assicurazioni Generali.
He graduated from Bocconi University (Milan) in 1966 and received a master's degree from the Massachusetts Institute of Technology in 1970. After a first job in Germany with the retailer C&A Brenninkmeijer, he joined the Bank of Italy in 1968, eventually becoming Vice-Director General from 1984 to 1997. In 1980 he became a member of the influential Washington-based financial advisory body, the Group of Thirty and remained one till his death. From 1993-97, he was president of the Basel Committee on Banking Supervision, and from 2000-05 Chairman of the Committee on Payment and Settlement Systems. In 1997–98 he was head of Consob, Italy's stock market supervision agency. He was a member of the European Central Bank's six-member executive board from its foundation in 1998 until the end of May 2005. In October 2005 he became president of Paris-based think tank Notre Europe.
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