Share

Bank of Italy: Rossi displaces everyone and resigns from General Management

With a surprise letter, the Director General of the Bank of Italy, Salvatore Rossi, calls himself out of the game on the appointments to the Directory and renounces in advance to re-propose his candidacy in view of the decisions of the Superior Council at the end of the month

Bank of Italy: Rossi displaces everyone and resigns from General Management

Salvatore Rossi surprises everyone and with a surprise letter renounces to reapply for the Directorate General of the Bank of Italy, messing up the games on the appointments at the top of the Via Nazionale institute in view of the Superior Council at the end of the month.

“I will leave my duties” as general manager of the Bank of Italy and president of IVASS “in a few weeks, after almost forty-three years of a professional career that took place within the Bank and then also with IVASS – reads the letter that Rossi sent to the 7.500 employees of the institutes - To ensure the functionality of the two Institutes, I will formally leave only after the process of my replacement has been completed and in any case by May 9, the natural expiry of my mandate".

Rossi underlines that he "strove to ensure that the Bank of Italy maintained its nature as an institution serving the public interest, but that it changed when and where necessary," and "that IVASS made the transition from the precedent and relaunched on the outside”.

As for the future, Rossi announces that he intends to devote himself to "transmitting what I have learned so far to as many people as possible, of all ages and cultural conditions, through tools such as teaching, books and articles, interventions in the media".

In closing, thanks "to all those with whom I have worked - concludes Rossi - not only in the years in which I was part of the Directorate of the Bank of Italy and IVASS, but also in those spent as an employee of the Bank: first in branch, in Milan, to deal with supervision, then in the Research Department, as it was called then, then as general secretary. My happiness, my pride, is to have belonged to two institutions in which the principles of competence, seriousness, honesty, a sense of public service have been held in the utmost consideration".

comments