Age, Biography and Wiki
Corrado Passera is an Italian manager and banker who has an estimated net worth of $1.2 billion. He is the former CEO of Intesa Sanpaolo, Italy's largest banking group. He was also the Minister of Economic Development in the Monti government from 2011 to 2013.
Passera was born in Como, Italy on December 30, 1954. He graduated from the University of Milan with a degree in economics and business administration. He began his career in banking in 1979, working for Credito Italiano. He then moved to Mediobanca, where he worked for 15 years.
In 2000, Passera joined Intesa Sanpaolo, where he served as CEO from 2006 to 2013. During his tenure, the bank's market capitalization increased from €20 billion to €50 billion. He also oversaw the merger of Intesa Sanpaolo and Banca Intesa.
In 2011, Passera was appointed Minister of Economic Development in the Monti government. He resigned from the post in 2013.
Passera is currently the chairman of the board of directors of Illimity Bank, a digital bank he founded in 2018. He is also the chairman of the board of directors of the Italian Institute for Foreign Trade (ICE).
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
69 years old |
| Zodiac Sign |
Capricorn |
| Born |
30 December 1954 |
| Birthday |
30 December |
| Birthplace |
Como, Italy |
| Nationality |
Ytaly |
We recommend you to check the complete list of Famous People born on 30 December.
He is a member of famous with the age 69 years old group.
Corrado Passera Height, Weight & Measurements
At 69 years old, Corrado Passera height not available right now. We will update Corrado Passera's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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| Height |
Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Who Is Corrado Passera's Wife?
His wife is Giovanna Salza (m. 2011)
| Family |
| Parents |
Not Available |
| Wife |
Giovanna Salza (m. 2011) |
| Sibling |
Not Available |
| Children |
4 children |
Corrado Passera Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Corrado Passera worth at the age of 69 years old? Corrado Passera’s income source is mostly from being a successful . He is from Ytaly. We have estimated
Corrado Passera's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
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Corrado Passera Social Network
Timeline
On 16 November 2011, Passera left his position as Intesa Sanpaolo Group's Managing Director and CEO to serve as minister of economic development, infrastructure and transport. His term as minister ended on 28 April 2013 and Maurizio Lupi succeeded him in the post.
In 2006, Passera was one of the main proponents who helped to carve out a process that ultimately led to the merger of Banca Intesa and Sanpaolo IMI, and the ensuing creation of Intesa Sanpaolo. Intesa Sanpaolo is Italy's leading banking group, partly due to an unparalleled distribution network, with a strong international presence concentrated in Central-Eastern Europe and the Mediterranean basin.
Knight of the Order of Merit for Labour: 1 June 2006, appointed by the President of the Italian Republic Giorgio Napolitano.
During the same year, Passera left his position at Poste Italiane as he was called to cover the role of managing director at Banca Intesa. In his new position, he drew up a business plan that included key strategic objectives such as the recovery of efficiency, the reorganisation of the business, cost reduction, the restructuring of products and the revival of the bank's image. When this process was completed in 2005, Banca Intesa was one of Italy's most profitable banks and was viewed in the international markets as one of the most significant examples of business turnarounds in the financial services industry.
In 1998, he received a political appointment to become the managing director of the Italian postal system, Poste Italiane. Under his direction, Poste Italiane was restructured and relaunched, with a strong rebound in efficiency, new business models, and the entry into financial services through the creation of BancoPosta. In 2002, the company recorded its first operating profit.
In 1996, he was appointed managing director and general manager of Banco Ambrosiano Veneto, where he carried out the first major banking consolidation deal with Cariplo, one of Italy's most important banks.
He graduated from Bocconi University and from the Wharton School of the University of Pennsylvania in 1980 with a Master in Business Administration. He refers to his time at Wharton as one of the most formative periods in his life.
He began his professional career in 1980 at McKinsey where he remained for five years. Shortly thereafter, he embarked on a long working relationship with the Carlo De Benedetti Group, initially at Cir, the group's holding company where he served as general manager until 1990. In 1991, he became general manager of Arnoldo Mondadori Editore and, subsequently, of Gruppo Editoriale L'Espresso. Continuing his working relationship with the Cir Group, Passera served as co-managing director of the Olivetti Group from September 1992 to July 1996, a period when the IT company expanded into telecommunications with the creation of Omnitel and Infostrada.
Corrado Passera (born 30 December 1954) is an Italian manager and banker who has held numerous executive-level positions in various industrial and financial sectors and served as minister of economic development and infrastructure and transport in the Mario Monti Cabinet.
Corrado Passera was born in Como on 30 December 1954.
