Born in Sarnico (BG) on 20 August 1960, he graduated with honours in Economics in 1983 at the University of Bergamo. He continued his studies, taking an M.A. in Economics at Warwick University (UK).

He joined the Bank of Italy in 1985 to work in the Banking and Financial Supervision Area in the Financial Statements' Analysis Office. In 1987, he passed the competitive exam for managers to work in the Economic Research Department, where he was assigned to the Econometric Research Office. After a period as a visiting student at Oxford University, in 1992 he began work in the Economic Outlook Analysis Office, becoming its Head in 1994. In 2000 he moved on to manage the Real Economy Sector of the Economic Research Department. In 2007 he was appointed Head of the Economic Outlook Analysis Division of the Economic Outlook and Monetary Policy Department.

In 2009 he became Deputy Head of the Economic Analysis and International Relations Department and in 2014 he became the Head of the International Relations Directorate, now International Relations and Economics Directorate, within the Directorate General for Economics, Statistics and Research.

He has taught at several universities in Italy and published essays and articles on econometric modelling and economic forecasting; he is a member of various committees and working groups at leading international organizations.