OMFIF appoints Franco Bassanini, Kingsley Moghalu and Andrew Adonis advisers
OMFIF has appointed Franco Bassanini, chairman of Italy’s largest development bank, Cassa Depositi e Prestiti, to the Advisory Board.Bassanini was a member of the Italian parliament from 1979 to 2006, and served as Italian Cabinet Minister for Public Administration and Regional Affairs (1996-98), Undersecretary of State to the Prime Minister’s Office (1998-99), and Cabinet Minister for Public Administration (1999-2001).He is president of the Long Term Investors Club, a grouping of 15 public sector financial organisations from around the world with a balance sheet total of $3.2tn.
Bassanini spoke at the Investing in Long-Term Europe conference in Rome on 12 December, which CDP co-organised and OMFIF supported. He outlined how to create a more favourable financial and non-financial regulatory framework for long-term investment in the EU.
He is president of Astrid Foundation, an Italian think tank, and is the author of 18 books and numerous articles on law and political science.
OMFIF welcomes Kingsley Chiedu Moghalu to the Advisory Board, where he joins the Banking Panel.Moghalu was deputy governor of the Central Bank of Nigeria from 2009-14. He led reforms to enhance financial stability and manage systemic risk to Nigeria’s banking system.Moghalu worked for the United Nations for 17 years, becoming a Director, and is the author of Emerging Africa: how the global economy’s ‘last frontier’ can prosper and matter.
Lord Andrew Adonis joins the Capital Markets panel of the Advisory Board.He is a reformer, writer and Labour peer who was minister for schools and transport secretary under Prime Ministers Blair and Brown.Adonis began his career as a journalist before joining Tony Blair’s policy staff in 1998. He sits in the House of Lords as the shadow infrastructure minister.