Mario Draghi is the governor of the European Central Bank (ECB), succeeding Jean-Claude Trichet on the 1st of November, 2011 after being knighted by the EU Heads of State at the European Council on the 24th of June, 2011.
Mario Draghi had a busy career before becoming governor of the ECB. He had been a professor of economics and monetary policy in Italy before becoming director of the World Bank in 1984.
In 1991, Mario Draghi was appointed general manager of the Italian Treasury, before leaving office in 2002 and becoming vice president and senior management of Goldman Sachs International for nearly three years. In 2006, he became Governor of the Bank of Italy, Chairman of the Financial Stability Board and member of the Financial Stability Board of the Bank for International Settlements.
On the 1st of November, 2011, Mario Draghi became the third director of the European Central Bank, succeeding Jean-Claude Trichet (governor from 2003 to 2011) and Wim Duisenberg (governor from 1998 to 2003). ‘Super Mario’, as he is nicknamed by the markets, will chair the Board of Governors and the Executive Board of the ECB for a period of 8 years.