In November 2011, Mario Draghi assumed the role of President of the European Central Bank, the institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union. In April 2006 he was elected Chairman of the Financial Stability Forum, which became Financial Stability Board in the spring 2009.
Prior to taking the helm of the European Central Bank, Mr. Draghi was the Governor of the Bank of Italy from January 2006 to October 2011. In this role, he was a member of the Governing and General Councils of the European Central Bank and a member of the Board of Directors of the Bank for International Settlements. He also represented Italy on the Board of Governors of the International Bank for Reconstruction and Development and the Asian Development Bank.
He was previously the Vice-Chairman and Managing Director of Goldman Sachs International and a member of the firm-wide management committee (2002-2005). He was Director General of the Italian Treasury (1991-2001), Chairman of the European Economic and Financial Committee, a member of the G7 Deputies, and Chairman of the OECD Working Party 3. He was appointed Chairman to the Italian Committee for Privatisations in 1993, and, from 1984 to 1990, was an Executive Director of the World Bank.
During his time at the Treasury, Mr. Draghi chaired the committee that revised Italian corporate and financial legislation and drafted the law that governs Italian financial markets. He is also a former board member of several banks and corporations (Eni, IRI, BNL and IMI).
Mr. Draghi a graduate of the University of Rome, received his Ph.D. from the Massachusetts Institute of Technology and subsequently served as professor of economics at the University of Florence from 1981 to 1991.
Currently, Mr. Draghi serves on the Board of Trustees of the Princeton Institute for Advanced Study and the Brookings Institution. He has been an IOP Fellow at the Kennedy School of Government at Harvard University. He has also authored and edited several publications on macroeconomic and financial issues.
Mr. Draghi and his wife live in Rome, Italy.