Ignazio Visco

Ignazio Visco (; born 21 November 1949) is an Italian economist and central banker and Governor of the Bank of Italy from 2011 to 2023.

Early life and education Visco was born in Naples on 21 November 1949. He obtained a summa cum laude degree in economics from the Sapienza University of Rome

On 24 October 2011, Visco was named to succeed Mario Draghi as governor of the Bank of Italy by Italian President Giorgio Napolitano.

Starting from 1 January 2013, in accordance with Legislative Decree 95/12 (converted into law, with modifications, from Law no.135/2012), he also holds the position of chairman of the joint governing board of the Italian Insurance Supervisory Authority (IVASS).

On 28 January 2015, Visco was placed under investigation by the Prosecutor of Spoleto as part a probe into the special administration of Banca Popolare di Spoleto. In September 2016, the case was definitively dropped by a judge, upholding the prosecutor's request.

During his time in office, Visco came under fire for failing to effectively tackle Italy's banking woes. In October 2017, the country's ruling centre-left Democratic Party submitted a motion in Parliament calling for new leadership at the Bank of Italy, casting doubt on Visco's chances of being reappointed to a second term. Following a proposal made by Prime Minister Paolo Gentiloni and his cabinet to renominate Visco and the endorsement of the Bank of Italy's high council, President Sergio Mattarella signed a decree to reappoint Visco for a second six-year term.

Other activities European Union institutions European Systemic Risk Board (ESRB), Ex-Officio Member

International organizations Asian Development Bank, ex-officio member of the Board of Governors Bank for International Settlements, ex-officio member of the Board of Directors Financial Stability Board, ex-officio member of the steering committee Inter-American Development Bank, alternate member of the Board of Governors International Monetary Fund (IMF), alternate member of the Board of Governors American Economic Association, member Joint World Bank-IMF Development Committee, member World Bank, ex-officio member of the Board of Governors

Non-profit organizations Osservatorio Permanente Giovani-Editori, Member of the International Advisory Board

Works Price Expectations in Rising Inflation, North Holland, 1984. . Le aspettative nell'analisi economica, Il Mulino, 1985 Inflazione, concorrenza e sviluppo (with Stefano Micossi), Il Mulino, 1993. . Saving and the Accumulation of Wealth (with Albert Ando and Luigi Guiso), Cambridge University Press, 1994 L'economia italiana (with Federico L. Signorini), Il Mulino, 2002 Ageing and Pension System Reform (as Chairman of the G-10 Working Group), 2005 (PDF) Investire in conoscenza, Il Mulino, 2009

Awards and honors