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Tommaso Padoa-Schioppa
Tommaso Padoa-Schioppa, Knight Grand Cross (Cavaliere di Gran Croce) ((:tomˈmaːzo ˈpaːdoa ˈskjɔppa); 23 July 1940 – 18 December 2010) was a well-known pro-European Italian banker and economist who was Italy's Minister of Economy and Finances from May 2006 until May 2008. He is considered as a founding father of the European single currency. He is a former member of the Steering Committee of the Bilderberg Group.
==Biography==
Born in the mountain town of Belluno, in north-eastern Italy. Both his parents were intellectuals. His father, Fabio (1911–2012), whom he did not meet until after the war in 1945, was a teacher and later became a senior executive at the insurance company Assicurazioni Generali.
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 with the retailer C&A Brenninkmeijer, 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 and remained one till his death. From 1993-97, he was president of the Basel Committee on Banking Supervision, and from 2000-05 Chairman of the (Committee on Payment and Settlement Systems ). In 1997–98 he was head of Consob, Italy's stock market supervision agency. He was a member of the European Central Bank's six-member executive board from its foundation in 1998 until the end of May 2005. In October 2005 he became president of Paris-based think tank Notre Europe.〔(Former President Tommaso Padoa-Schioppa ), from the ''Notre Europe'' official website〕
On 17 May 2006 he was appointed as Economy and Finances Minister in the government of Romano Prodi, serving in that post until May 2008, when a new government headed by Silvio Berlusconi took office following the April 2008 general election. From October 2007 to April 2008 he was Chairman of the IMFC (International Monetary and Financial Committee), the top policy steering committee of the International Monetary Fund (IMF).〔 In June 2009 he was appointed as chairman for Europe of the private finance consulting Promontory Financial Group.
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