Pope Francis has named Mario Draghi, former president of the European Central Bank, as an ordinary member of the Pontifical Academy of Social Sciences.
This appointment, along with those of Professor Pedro Morandé Court and Professor Kokunre Adetokunbo Agbontaen Eghafona, to the same Academy was published in a bulletin of the Holy See Press Office, today July 10, 2020.
Born in Rome on Sept. 13, 1947, Mario Draghi graduated in Economics from the University of La Sapienza and obtained his doctorate in economics from the Massachusetts Institute of Technology. In 1981, he became Full Professor of Economics and Monetary Policy at the “Cesare Alfieri” Faculty of the University of Florence. He was Executive Director of the World Bank and later General Manager of the Treasury of the Italian Government. He was Governor of the Bank of Italy from 2005 to 2011 and President of the Financial Stability Board from 2006 to 2011 when he became President of the European Central Bank until 2019. He is a member of the Board of Directors of the Institute for Advanced Study (IAS) and the Gruppo dei Trenta (G30).