Lorenzo Bini Smaghi holds a Bachelor's degree in Economics from the Catholic University of Louvain in Belgium and a PhD in Economics from the University of Chicago. He began his career in 1983
as an economist in the Research Department of the Bank
of Italy. In 1994, he was appointed Head of the Policy
Directorate of the European Monetary Institute. In October 1998, he became Director General of International Financial relations at the Ministry of Economy and Finance of Italy.
Chairman of SACE from 2001 to 2005. From June 2005 to December 2011, he was a member of the Executive Board of the European Central Bank. From 2012 to 2016, he served as Chairman of the Board of Directors of SNAM in Italy. From 2016 until April 2019, he was Chairman of the Board of Directors of Italgas in Italy. He is currently the Chairman of the Board of Directors of Société Générale since 2015.
He was as well the Chairman of the Board of Directors: Italgas (Italy) from 2016 to 2019 and the Director of TAGES Holding (Italy) from 2014 to 2019.