Corrado Passera

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.

Biography

Corrado Passera was born in Como on 30 December 1954.

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.

Professional career

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.