Daniele Franco

Daniele Franco (born 7 June 1953) is an Italian economist, central banker and civil servant who served as Minister of Economy and Finance in the cabinet of Prime Minister Mario Draghi from 2021 to 2022.[1][2] From 2020 until 2021, he served as director-general of the Bank of Italy.

Daniele Franco
Minister of Economy and Finance
In office
13 February 2021 – 22 October 2022
Prime MinisterMario Draghi
Preceded byRoberto Gualtieri
Succeeded byGiancarlo Giorgetti
Director-General of the Bank of Italy
In office
1 January 2020 – 13 February 2021
GovernorIgnazio Visco
Preceded byFabio Panetta
Succeeded byLuigi Federico Signorini
Personal details
Born (1953-06-07) 7 June 1953
Trichiana, Veneto, Italy
Political partyIndependent
Alma materUniversity of Padua University of York

Early life and education

Franco graduated from the University of Padua in 1977 with a degree in political science. In 1978, he obtained a master's degree in business organisation from the University Consortium of Business Organization of Padua. In 1979 he obtained a master's degree in economics from the University of York, Great Britain

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

International organizations

References
  1. "Factbox: Technocrat ministers in Draghi's new Italian government". Reuters. 13 February 2021.
  2. "Mario Draghi's new government to be sworn in on Saturday". The Guardian. 13 February 2021.
  3. "Daniele Franco, who is the Minister of Economy of the Draghi government". Italy 24 News. 12 February 2021.
  4. "Who is Daniele Franco, new general manager of Bankitalia". Money.it. 20 December 2019.
  5. Paul Hannon and Yuka Hayashi (April 7, 2021), G-20 to Seek Agreement on Global Minimum Tax Rate by Mid-2021 Wall Street Journal.
  6. Board of Governors European Investment Bank (EIB).
  7. Board of Governors European Stability Mechanism.
  8. Board of Governors Asian Infrastructure Investment Bank (AIIB).
  9. Board of Governors European Bank for Reconstruction and Development (EBRD).
  10. Board of Governors Inter-American Development Bank (IDB).
  11. Board of Governors International Monetary Fund (IMF).
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