Suggestions
Luigi Ruggerone
Resident Representative at Intesa Sanpaolo
Professional Background
Luigi Ruggerone is an accomplished professional in the field of economics and finance, with a robust career spanning several decades. Currently serving as a Non-Executive Director and the Chairman of the Risk Committee at Intesa Sanpaolo Ireland, he is also a pivotal member of the Audit Committees at Banka Koper and Intesa Sanpaolo Bank Albania. His vast experience in risk management and financial oversight is complemented by his role on the Steering Committee of the ABI (the Italian Bankers Association) Country Risk Forum, showcasing his commitment to shaping best practices within the banking sector.
A notable highlight of Luigi’s career is his leadership in the rollout of the Basel II project for Intesa Sanpaolo’s foreign subsidiaries. His extensive exposure to international markets is evidenced by his responsibilities overseeing country risk assessments in various project finance operations supported by Banca Intesa San Paolo, as well as his duties as Head of the due diligence Risk Management Team during significant mergers and acquisitions across Poland, Egypt, Turkey, Romania, and Ukraine. Luigi's global insights have also been enriched through numerous country visits to places such as Brazil, India, China, Hong Kong, Iran, Peru, Romania, Turkey, and Ukraine.
Luigi is not only an influential practitioner but also shares his expertise through academia. He holds prestigious teaching positions as a Professor of Macroeconomics in postgraduate studies at the University of Milan Bicocca, and he teaches both Emerging Markets Economics and Macroeconomics at Università Cattolica del S.C. Milan, as well as Monetary Economics at Università di Bologna. His academic influence extends to his roles as a guest speaker at notable events, including the European Parliamentary Financial Services and the Institute of International Finance in Washington D.C., helping to enhance understanding around country risk.
Education and Achievements
Luigi Ruggerone began his educational journey studying Economics and Business at Università Cattolica Del Sacro Cuore, furthering his knowledge at the University of Warwick - WMG. His educational pursuits laid the foundation for a career marked by significant contributions to the fields of international macroeconomics and country risk analysis.
He has made notable contributions to literature in his field, with several publications that address critical pressures and forecasts facing global economies. His research includes papers such as “Globalisation, emerging countries and income distribution,” presented at the Third International Techint Workshop in Buenos Aires in 2007, and the co-authored paper “Bailouts and bank runs in a model of crony capitalism,” featured in the B.E. Journal of Macroeconomics in October 2004. Furthermore, his publication on “Building a stress test scenario for country risk: the case of Turkey,” published in ‘Country and Political Risk,’ edited by Sam Wilkin, demonstrates his analytical prowess and understanding of complex financial systems.
Luigi's membership in the Emerging Markets Monitoring Group at the Bank for International Settlements (BIS - Basel) underscores his active engagement within the international finance community and his commitment to addressing challenges linked to sovereign risk. His wealth of experience and knowledge in navigating the complex landscape of international economics and regulation positions him as a thought leader in his field.
Notable Contributions and Affiliations
Apart from his academic and professional roles, Luigi has a rich history of contributing to the banking and financial sectors through various leadership and advisory positions. His time as a Senior Financial Sector Expert at the International Monetary Fund (IMF) allowed him to impact policies and strategies on a global scale, enhancing his capacity to analyze economic shifts and their implications for financial institutions.
Previously, Luigi held pivotal positions at Intesa Sanpaolo, including Head of Country Risk and Foreign Subsidiaries and Country Risk Analyst, where he shaped the institution's understanding of emerging markets. Additionally, he served as Head of Emerging Markets Economics at Banca Commerciale Italiana, honing his skills in assessing complex economic environments and managing financial risks. His early career was marked by his role as a Market Analyst at Consiglio Di Borsa, solidifying his interest in market dynamics.
Conclusion
Luigi Ruggerone's career is characterized by a blend of practical experience and academic excellence. His dedication to understanding and managing country and sovereign risks has made him a significant figure in the field of banking and finance. Through his roles at Intesa Sanpaolo, numerous academic institutions, and financial organizations worldwide, he exemplifies a commitment to enhancing economic understanding and promoting best practices across the global financial landscape. As he continues to contribute to both the academic and practical domains of finance and risk management, Luigi remains a valuable asset in advancing discussions around international macroeconomics and its implications for emerging markets.
