Prime Minister of Italy and Minister of Economy and Finance.
Mario Monti became the 54th Prime Minister of Italy on 12 November 2011 when he was invited by President Georgio Napolitano to form a new government. He was sworn in as Prime Minister on 16 November 2011, just a week after having been appointed a Senator for Life.
Mr. Monti is President of Bocconi University and Honorary President of Bruegel, the European think tank he launched in 2005. Previously, he was also a member of the Reflection Group on the Future of Europe set up by the European Council and chaired by Felipe González.
Mr. Monti served as European Commissioner in charge of the Internal Market, Financial Services and Taxation from 1995 to 1999 and then as European Commissioner for Competition (1999-2004). In the latter position, he handled a number of well-known cases such as General Electric/Honeywell, Microsoft, and the German Landesbanken. He also introduced a radical reform of EU antitrust and merger controls and led, with the US authorities, the creation of the International Competition Network (ICN).
As EU coordinator for the France-Spain electricity interconnection, he brokered the agreement between Prime Ministers Fillon and Zapatero in June 2008. Mr. Monti was also a member of the Attali Committee on French economic growth, set up by President Sarkozy (2007-2008).
Mr. Monti has been an international advisor to Goldman Sachs and a member of the advisory board of the Coca-Cola Company.
He graduated from Bocconi University and continued his studies at Yale University. Prior to joining the Commission, he was a professor of economics and subsequently Rector at Bocconi University, his alma mater.