The official site of Italy's central bank

The Governors

The Directorate (Governing Board)

The Bank of Italy was founded on 1 January 1894 by Law 449 of 10 August 1893. The highest appointment at the time was that of Director General, and until 1899 he and two deputies formed the Board of Management. The Statute ratified by decree of 18 June 1899 abolished the Board and eliminated one post of Deputy Director General. The Directorate was instituted with the reform of the Statute, ratified by Decree 1404 of 21 June 1928, which created the post of Governor and, below that, the posts of Director General and Deputy Director General. In 1969 the second post of Deputy Director General was re-instituted. Law 262 of 28 December 2005 containing "Provisions for the protection of savings and the regulation of financial markets" established the Directorate as a collegial body consisting of the Governor, the Director General and the Deputy Directors General.