Tommaso Padoa-Schioppa †

Tommaso Padoa-Schioppa † (1940 – 2010) was an Italian banker and economist. He graduated from Bocconi University, Milan in 1966 and received a Master’s degree from the Massachusetts Institute of Technology in 1970. After a first job in Germany, he joined the Bank of Italy in 1968, eventually becoming Vice-Director General from 1984 to 1997. In 1980, he became a member of the influential Washington-based financial advisory body, ‘the Group of Thirty’. From 1993 to 1997, he was president of the Basel Committee on Banking Supervision. The following year, he was the Head of Consob, Italy’s stock market supervision agency. Padoa-Schioppa became a member of the European Central Bank’s six-member executive board from its foundation in 1998 until the end of May 2005. In 2006, he was appointed Economy and Finance Minister in the government of Romano Prodi, serving until May 2008. In October 2005, he became president of Paris-based think tank Notre Europe.