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Mario Draghi

Italian economist, academic, banker and politician; former prime minister of Italy

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Mario Draghi is an Italian economist and banker who previously served as prime minister of Italy and has held major positions in banking and academia. He matters because of his significant influence on European economic policy and Italy's government during important periods in recent history.

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Mario Draghi ( Italian: [ˈmaːrjo ˈdraːɡi]; born 3 September 1947) is an Italian politician, economist, academic, banker, statesman, and civil servant, who served as the prime minister of Italy from 13 February 2021 to 22 October 2022. Prior to his appointment as prime minister, he served as the president of the European Central Bank (ECB) between 2011 and 2019. Draghi was also the chair of the Financial Stability Board between 2009 and 2011, and governor of the Bank of Italy between 2006 and 2011.

After working as an economist, Draghi worked for the World Bank in Washington, D.C., throughout the 1980s, and in 1991 returned to Rome to become director general of the Italian Treasury. He left that role after a decade to join Goldman Sachs, where he remained until his appointment as governor of the Bank of Italy in 2006. His tenure as Governor coincided with the 2008 Great Recession, and in the midst of this he was selected to become the first chair of the Financial Stability Board, the global standard-setter that replaced the Financial Stability Forum.