Mario Draghi

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Mario Draghi (born September 3, 1947) is an Italian banker and economist, nominated to be the new governor of the Bank of Italy on December 29, 2005. He has taken office on January 16, 2006.

[edit] Biography

Born in Rome, Draghi gained a doctorate in economics from the Massachusetts Institute of Technology in 1976. He was subsequently a professor at the University of Florence from 1981 till 1991. He was also an Executive Director of the World Bank between 1984 and 1990.

In 1991, he became director general of the Italian treasury, remaining until 2001. During this time, Italy carried out extensive privatisation prior to its 1999 adoption of the euro. Draghi was appointed chairman of the Italian Committee for Privatisations in 1993.

He is a trustee at the Princeton Institute for Advanced Study and also at the Brookings Institution, in Washington, D.C.

Draghi joined Goldman Sachs as a partner in January, 2002.