Fabrizio Saccomanni | |
---|---|
Minister of Economy and Finances | |
In office 28 April 2013 – 22 February 2014 |
|
Prime Minister | Enrico Letta |
Preceded by | Vittorio Grilli |
Succeeded by | Pier Carlo Padoan |
Director General of the Bank of Italy | |
In office 2 October 2006 – 28 April 2013 |
|
Preceded by | Vincenzo Desario |
Succeeded by | Salvatore Rossi |
Personal details | |
Born |
Rome, Italy |
22 November 1942
Political party | Independent |
Alma mater |
Bocconi University Princeton University |
Profession | Economist |
Fabrizio Saccomanni (born 22 November 1942) is an Italian economist, civil servant and the former deputy governor of the Bank of Italy. He served as Italy's minister of economy and finances between April 2013 and February 2014.
Saccomanni was born in Rome on 22 November 1942. He holds a master's degree in economics and business, which he received from the Bocconi University in 1966. He also took postgraduate courses in monetary and international economics at Princeton University.
Saccomanni worked at the Bank of Italy most of his career. His tenure at the bank interrupted only when he worked at the International Monetary Fund (1970 – 1975) and at the London-based European Bank for Reconstruction and Development where he served as vice president from 2003 to 2006. He also served as the chairman of the foreign exchange policy committee of the European Monetary Institute from 1991 to 1997 in addition to his post at the Bank of Italy.
He was the director general of the Bank of Italy where he started his career in June 1967. He was appointed director general on 2 October 2006 and reappointed in 2012. He was also a board member of the Bank for International Settlements and an alternate to the governor of the Bank of Italy in the Governing Council of the European Central Bank.
On 27 April 2013, prime minister-designate Enrico Letta announced that Saccomanni would serve as minister of economy and finances in his cabinet. His term began on 28 April and he replaced Vittorio Grilli in the post. Saccomanni was one of the technocrats in the Letta cabinet. Saccomanni was replaced by Pier Carlo Padoan as minister of economy and finances on 22 February 2014 when the government led by Matteo Renzi was formed. In October 2014 Saccomanni was appointed senior advisor to the OMFIF.