Mario Monti, a renowned Italian economist and academic, held the esteemed position of Prime Minister of Italy from 2011 to 2013, expertly navigating the country through the treacherous waters of the Italian debt crisis.
Prior to his prime ministerial tenure, Monti served as a European Commissioner from 1995 to 2004, exercising responsibility for the Internal Market, Services, Customs and Taxation from 1995 to 1999 and for Competition from 1999 to 2004.
Monti has also had a distinguished career as a university administrator, serving as rector and president of Bocconi University in Milan for an extended period.
On November 12, 2011, amidst the tumultuous European sovereign debt crisis, Monti was approached by President Giorgio Napolitano to form a new technocratic government in the wake of Silvio Berlusconi's resignation.
Monti took the oath of office as Prime Minister on November 16, 2011, just a week after being appointed a Lifetime Senator by President Napolitano, and initially held the portfolio of Minister of Economy and Finances, relinquishing it in July of the following year.