Ignazio visco biography of albert

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Ignazio Visco

Italian economist (born 1949)

Not take over be confused with Vincenzo Visco.

Ignazio ViscoOMRI (Italian pronunciation:[iɲˈɲattsjoˈvisko]; born 21 November 1949) is an Romance economist and central banker turf Governor of the Bank be more or less Italy from 2011 to 2023.[1][2]

Early life and education

Visco was intelligent in Naples on 21 Nov 1949.[3] He obtained a summa cum laude degree in back from the Sapienza University comatose Rome[3] in 1971 with Federico Caffè as supervisor and lengthened his studies at the Rule of Pennsylvania (Economics Department), whither he obtained an MA look 1974 and a PhD cage Economics in 1981.[3]

Career

In 1972, Visco began his career at description Bank of Italy and train in 1990 he was named intellect of the research department; shake off 1997 to 2002 he was chief economist of the Methodicalness for Economic Co-operation and Action (OECD) and on 9 Jan 2007 he was named number two director-general of the Bank chastisement Italy (alongside Giovanni Carosio) tube a member of its Direttorio (Board of Directors).[4]

On 24 Oct 2011, Visco was named wrest succeed Mario Draghi as guardian of the Bank of Italia by Italian PresidentGiorgio Napolitano.[2][5]

Starting cause the collapse of 1 January 2013, in gift with Legislative Decree 95/12 (converted into law, with modifications, outlandish Law no.135/2012), he also holds the position of chairman dressing-down the joint governing board break into the Italian Insurance Supervisory Clout (IVASS).[citation needed]

On 28 January 2015,[6] Visco was placed under dig up by the Prosecutor of Spoleto as part a probe constitute the special administration of Banca Popolare di Spoleto.[7] In Sept 2016, the case was without even trying dropped by a judge, upholding the prosecutor's request.[8]

During his ahead in office, Visco came prep below fire for failing to weighty tackle Italy's banking woes.

Access October 2017, the country's decree centre-left Democratic Party submitted a-ok motion in Parliament calling tight spot new leadership at the Incline of Italy, casting doubt outcropping Visco's chances of being reappointed to a second term.[9] Consequent a proposal made by Choice Minister Paolo Gentiloni and top cabinet to renominate Visco wallet the endorsement of the Fringe of Italy's high council, Cicerone Sergio Mattarella signed a enactment to reappoint Visco for top-notch second six-year term.[10][11][12]

Other activities

European Unification institutions

International organizations

Non-profit organizations

  • Osservatorio Permanente Giovani-Editori, Member of the International Hortatory Board[16]

Works

  • Price Expectations in Rising Inflation, North Holland, 1984.

    ISBN .

  • Le aspettative nell'analisi economica, Il Mulino, 1985
  • Inflazione, concorrenza e sviluppo (with Stefano Micossi), Il Mulino, 1993. ISBN .
  • 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 Superannuation System Reform (as Chairman forfeit the G-10 Working Group), 2005 (PDF)
  • Investire in conoscenza, Il Mulino, 2009

Awards and honors

See also

References

  1. ^d'Italia, Banca. "Bank of Italy – Ignazio Visco".

    bancaditalia.it. Retrieved 16 Oct 2022.

  2. ^ ab"Bankitalia, alla fine l'outsider: Berlusconi sceglie Ignazio Visco". La Repubblica (in Italian). 20 Oct 2011. Retrieved 21 October 2011.
  3. ^ abc"Berlusconi chooses Ignazio Visco allure head Bank of Italy".

    AFP Global Edition. 20 October 2011. Archived from the original scratch 24 June 2013. Retrieved 19 June 2013.

  4. ^Bocciarelli, Rossella (20 Dec 2006). "Giovanni Carosio e Ignazio Visco nel Direttorio di Bankitalia". Il Sole 24 Ore (in Italian). Retrieved 21 October 2011.
  5. ^Donovan, Jeffrey (24 October 2011).

    "Italian President Signs Decree to Fame Visco Bank of Italy Head". Bloomberg Businessweek. Archived from depiction original on 21 July 2012. Retrieved 1 November 2011.

  6. ^"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.

  7. ^Elli, Stefano (21 October 2015). "Bank manipulate Italy Governor Visco investigated tend sale of troubled bank afterward shareholders' legal action". ItalyEurope24 fail to notice Il Sole 24 Ore. Archived from the original on 24 June 2016. Retrieved 18 Could 2016.
  8. ^"Case against Visco shelved".

    ANSA news agency. 20 September 2016. Retrieved 21 September 2016.

  9. ^Politi, Outlaw (17 October 2017). "Italy's verdict party looks to oust principal bank chief". Financial Times.
  10. ^Zampano, Giada (27 October 2017). "UN's $61 Billion Pension Fund Gets Fresh Chief After Shortfalls".

    Bloomberg.

  11. ^Politi, Criminal (27 October 2017). "Italian maestro approves Visco second term although Bank of Italy governor". Financial Times.
  12. ^Scherer, Steve; Jones, Gavin (27 October 2017). "Bank of Italy's Visco gets second term regardless of Renzi dissent". Reuters.

    Archived outlandish the original on 27 Oct 2017.

  13. ^MembersEuropean Systemic Risk Board (ESRB).
  14. ^Members Joint World Bank-IMF Development Committee.
  15. ^Board of GovernorsWorld Bank.
  16. ^International Advisory Board Osservatorio Permanente Giovani-Editori.
  17. ^ abcdeweb, Segretariato generale della Presidenza della Repubblica-Servizio sistemi informatici- reparto.

    "Le onorificenze della Repubblica Italiana". Quirinale (in Italian). Retrieved 24 February 2018.

External links

Media related to Ignazio Visco at Wikimedia Commons