Corrado Passera

Following a degree in business administration from Bocconi and an MBA from the University of Pennsylvania, he began his career at McKinsey. His career path took him from Olivetti to Poste Italiane Spa, Intesa Sanpaolo and the Italian Government.

At Olivetti he was challenged by the shift from traditional IT to ICT, which led to two extremely successful start-ups: Omnitel and Infostrada.

At Poste Italiane he succeeded in creating a modern postal service provider and one of the most successful postal banks worldwide.

In the banking sector – where he served first as CEO of Ambroveneto, then of Banca Intesa and finally of Intesa Sanpaolo – he helped build one of the most solid European banks.

As the Minister of Economic Development, Corrado introduced start-up-friendly legislation, revolutionising the incentive to innovate.

In 2018 he launched a start-up to create a new “paradigm bank” specialising in SMEs that face challenges in accessing loans. The new bank illimity has been listed on the Borsa Italiana MTA market March, 5th 2019. Corrado is married to Giovanna and they have five children: Sofia, Luigi, Luce, Giovanni and Eugenia.

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