Lorenzo Bini Smaghi

Lorenzo Bini Smaghi

Non-executive director and Chairman

Born in Florence in 1956, he gained a degree in Science in Economics at the Catholique de Louvain University, a Master at the University of Southern California and a Ph.D at the University of Chicago. He is the chairman of Societé Genérale and of Italgas. He is also Visiting Scholar at the Weatherhead Center for International Affairs of Harvard and Senior Fellow at LUISS School of European Political Economy. In addition, he is a member of the Board of Directors of Tages Holding and chairs the University of Chicago Alumni Club of Italy Association.

He has held various roles, including member of the Executive Committee of the European Central Bank (2005-2011), chairman of SNAM (2012-2016) and of SACE (2001-2005), member of the Board of Directors of Finmeccanica, of MTS, of the European Investments Bank and of Morgan Stanley International. He was the first President of the Fondazione Palazzo Strozzi (2006-2016).

He started his career in 1983 as an economist in the Research Department of Banca d’Italia. In 1994 he went on to manage the Policy Division of the European Monetary Institute. In October 1998 he was appointed Director General for International Financial Relations of the Italian Ministry of the Economy, where he held the role of Italian Sherpa at the G7 and G20, and was Vice President of the Economic and Financial Committee of the European Union.

He is the author of various article and books on international and European monetary and financial topics, including “Morire di Austerità: Democrazie europee con le spalle al muro”, Il Mulino, 2013 (“Austerity, European Democracies against the Wall”, Ceps, Brussels 2013), and “33 false verità sull’Europa”, Il Mulino, 2014. His last book was released in May 2017: “La tentazione di andarsene; fuori dall’Europa c’è un futuro per l’Italia?” (ed. Il Mulino). He is also a columnist for the Financial Times (A-list) and Corriere della Sera.