Daniele Franco
Daniele Franco | |
|---|---|
 | |
| Minister of Economy and Finance | |
| Assumed office 13 February 2021 | |
| Prime Minister | Mario Draghi |
| Preceded by | Roberto Gualtieri |
| Director-General of the Bank of Italy | |
| In office 1 January 2020 – 13 February 2021 | |
| Preceded by | Fabio Panetta |
| Succeeded by | Luigi Federico Signorini |
| Personal details | |
| Born | 7 June 1953 Trichiana, Veneto, Italy |
| Political party | Independent |
| Alma mater | University of Padua |
Daniele Franco (born 7 June 1953) is an Italian economist, banker and civil servant who has been serving as Minister of Economy and Finance in the cabinet of Prime Minister Mario Draghi since 13 February 2021.[1][2] From 2020 until 2021, he served as director-general of the Bank of Italy.
Early life and education[]
Franco graduated from the University of Padua in 1977 with a degree in political science. In 1978, he obtained a masters degree in business organisation from the University Consortium of Business Organization of Padua.
Career[]
In 1979, Franco joined the Bank of Italy.[1]
From 1994 to 1997, Franco was economic advisor to the Directorate-General for Economic and Financial Affairs of the European Commission. From 1997 to 2007, he again worked at the Bank of Italy, where he was director of the public finance section of the Research Department.[1]
From 17 May 2013 to 14 May 2019, Franco served as president of the State General Accounting Office. From 20 May to 31 December 2019 he was Deputy Director-General of the Bank of Italy, after which point he became Director-General.[3][4]
On 13 February 2021, Franco was appointed Minister of Finance and Economy in the Draghi cabinet.[3] In this capacity, he chaired the meetings of G20 Ministers of Finance when Italy held the group's presidency in 2021.[5]
Other activities[]
European Union institutions[]
- European Investment Bank (EIB), Ex-Officio Member of the Board of Governors (since 2021)[6]
- European Stability Mechanism (ESM), Member of the Board of Governors (since 2021)[7]
International organizations[]
- African Development Bank (AfDB), Ex-Officio Member of the Board of Governors (since 2021)
- Asian Infrastructure Investment Bank (AIIB), Ex-Officio Member of the Board of Governors (since 2021)[8]
- European Bank for Reconstruction and Development (EBRD), Ex-Officio Member of the Board of Governors (since 2021)[9]
- International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (since 2021)[10]
References[]
- ^ Jump up to: a b c "Factbox: Technocrat ministers in Draghi's new Italian government". Reuters. 13 February 2021.
- ^ "Mario Draghi's new government to be sworn in on Saturday". The Guardian. 13 February 2021.
- ^ Jump up to: a b "Daniele Franco, who is the Minister of Economy of the Draghi government". Italy 24 News. 12 February 2021.
- ^ "Who is Daniele Franco, new general manager of Bankitalia". Money.it. 20 December 2019.
- ^ Paul Hannon and Yuka Hayashi (April 7, 2021), G-20 to Seek Agreement on Global Minimum Tax Rate by Mid-2021 Wall Street Journal.
- ^ Board of Governors European Investment Bank (EIB).
- ^ Board of Governors European Stability Mechanism.
- ^ Board of Governors Asian Infrastructure Investment Bank (AIIB).
- ^ Board of Governors European Bank for Reconstruction and Development (EBRD).
- ^ Board of Governors International Monetary Fund (IMF).
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- Draghi Cabinet
- 1953 births
- Living people
- Finance ministers of Italy
- Italian economists
- Italian bankers
- Italian civil servants
- People from the Province of Belluno
- University of Padua alumni