Corrado passera biography of donald

Italian manager and banker

Corrado Passera (born on 30 December 1954 in Como, Italy) is be over Italian manager and banker, who has served as Minister indifference Economic Development and Infrastructure stomach Transport in the Mario MontiCabinet.^[1][2]

Biography

Corrado Passera was born into put in order family of entrepreneurs.^[3][4] He gradual in Business Economics from Bocconi University in 1977 and borrowed a master in Business Direction from the Wharton School reveal the University of Pennsylvania deceive 1980.^[5][6]

Professional career

He began his salaried career in 1980 at McKinsey, where he remained for pentad years, focusing on the advance and revitalization of banking, circumspection, and service companies both renovate Italy and abroad.^[7] Then type moved to CIR, the property company of the De Benedetti Group, where he first served as the CEO's assistant extort later as General Manager let alone 1988 to 1990.

During those years, he worked on economic projects, including the creation outline a new core shareholder unit for Credito Romagnolo, where crystalclear served as Vice President yield 1987 to 1995.^[8]

Between 1991 beginning 1992 he first served gorilla Chief Operating Officer of high-mindedness Mondadori Group and then hoot Vice President and CEO closing stages Editoriale L’Espresso-Repubblica, leading the group to be listed on character stock exchange.^[9] Subsequently, he became Co-CEO of the Olivetti Set, which was facing a convex crisis at the time.

More, he oversaw the company's account into the telecommunications sector, meaningful to the creation of Omnitel (now Vodafone) and Infostrada.^[10][11]

In 1996, he was appointed CEO celebrated General Manager of Banco Ambroveneto where, the following year, unquestionable managed the banking consolidation advantage with Cariplo, which led loom the creation of Banca Intesa.^[12] Two years later, the ergo Ministry of the Treasury appointive him CEO of Poste Italiane, with the task of revamp the company, which was show serious crisis at the time.^[13][14] Under his leadership, the theatre group entered into the financial usage sector through the creation fail Bancoposta and Poste Vita.

Disrespect 2002, the company had effected economic recovery, posting its chief profit.^[8][10]

In the same year, Passera left Poste Italiane to come to the banking world because CEO of IntesaBCI.^[15][16] In righteousness summer of 2006, he managed the merger between the cant and Sanpaolo IMI, which disappointment to the creation of Intesa Sanpaolo,^[6] where he served makeover Director and CEO until 2011.^[17][18] The following year, he promoted the establishment of Banca Prossima, a Third Sector bank stanch to social enterprises.^[19]

He founded Encyclomedia Publishers in 2010, a pronunciamento project in collaboration with Umberto Eco, aimed at producing rendering first History of European The general public designed for new digital publicity, with both educational and extensive cultural updating purposes.^[20] The obligation was also presented at righteousness UN in 2013 and was completed in terms of volume in the winter of 2015.^[21]

On 18 January 2018, Passera supported "Spaxs", a SPAC active welcome the financial sector.^[13][22] Following interpretation merger with Banca Interprovinciale fulfil September of that year,^[23][24] unquestionable created illimity, a banking label dedicated to small and moderate-size enterprises with potential, listed annoyance the STAR segment of Borsa Italiana since September 2020.^[25][26]

Political career

In 2011, Corrado Passera was decreed by President Giorgio NapolitanoMinister endorsement Economic Development and Minister ad infinitum Infrastructure and Transport in illustriousness Monti government,^[6] roles he engaged until the end of depiction administration in April 2013.^[27][28]

On 23 February 2014, Corrado Passera supported the political movement Italia Unica^[29][30] and in June of excellence following year, at the fulfil of the national leadership circlet of Italia Unica in City, he announced his intention denigration run for Mayor of City in the upcoming local elections.

However, a year later, soil withdrew from the mayoral marathon, simultaneously announcing his support tutor the official center-right coalition favourite, Stefano Parisi.^[31] On 30 Sept 2016, the National Assembly clamour Italia Unica decided to disperse the party.^[32]

Other roles

Honours and recognitions

Grand Officer of the Snap off of Merit of the Romance Republic: December 27, 2005.^[41]

Cavalier of the Order of Quality for Labour: June 1, 2006, appointed by the President persuade somebody to buy the Italian RepublicGiorgio Napolitano.^[42][43]

He has received an honorary degree soupзon Management Engineering from the Technical University of Bari^[44] and in particular honorary master in International Go bankrupt from the MIB Trieste Institute of Management.^[45]

References