Mario Draghi, vice-president of Goldman Sachs Europe and an economist with long experience of Italian government and finance, was named on Thursday as the next governor of the Bank of Italy.
Mr Draghi, 58, will replace Antonio Fazio, who resigned on December 19 after he was placed under judicial investigation in a cross-border banking takeover controversy that scarred the Italian central bank’s image.
Mr Draghi’s appointment was applauded by politicians, economists and businessmen, both in Italy and abroad. Giorgio La Malfa, Italy’s European affairs minister, said he viewed the nomination as “extremely positive on the personal and professional level”.
See full Article (paid subscription required).
Posts
