Franco Reviglio (born 3 February 1935) is an

Italian Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, an ethnic group or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Ita ...

academic, businessman and socialist politician, who served in various capacities in the public administration of Italy.

Early life and education

Reviglio was born in

Turin Turin ( , Piedmontese language, Piedmontese: ; it, Torino ) is a city and an important business and cultural centre in Northern Italy. It is the capital city of Piedmont and of the Metropolitan City of Turin, and was the first Italian capital ...

in 1935. He was also educated in Turin. His undergraduate thesis was about improving efficiency in state-owned companies.

Career

Reviglio worked as a professor of public finance at the

University of Turin The University of Turin (Italian: ''Università degli Studi di Torino'', UNITO) is a public research university in the city of Turin, in the Piedmont region of Italy. It is one of the oldest universities in Europe and continues to play an impo ...

. He was a member of the Socialist Party and served as the

minister of finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

from 4 August 1979 to 28 June 1981 in the

cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filing ...

led by

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...

Francesco Cossiga Francesco Maurizio Cossiga (; sc, Frantziscu Maurìtziu Còssiga, ; 1928 – 2010)
. was an Italian pol ...

. After working at the University of Turin for two more years he left his job in 1983 and became the president of the Italian energy firm Ente Nazionale Idrocarburi, which is commonly known as

ENI Eni S.p.A. () is an Italian multinational energy company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world, it has operations in 69 countries with a market capitalization of US$54.08 billion, as of 11 Ap ...

. He was appointed to the post in order to reorganize and improve the firm. He achieved these goals in large degree. In fact, ENI witnessed one of its most successful periods when he led the firm. He supported

privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

as a means of reorganizing asset portfolios and investment strategies. Reviglio's tenure at the firm ended in November 1989, and Umberto Colombo succeeded him in the post. On 5 June 1990, Reviglio joined as a senior advisor to Wasserstein Perella & Co.'s team in regard to its European operations and held the post until 1992. In 1992, he was appointed budget minister in the

led by Prime Minister

Giuliano Amato Giuliano Amato (; born 13 May 1938) is an Italian politician who twice served as Prime Minister of Italy, first from 1992 to 1993 and again from 2000 to 2001. Later, he was Vice President of the Convention on the Future of Europe that drafted t ...

. His tenure lasted until February 1993, and he was replaced by

Beniamino Andreatta Beniamino "Nino" Andreatta (11 August 1928 – 26 March 2007) was an Italian economist and politician. He was a member of Christian Democrat, and one of the founders of the Italian People's Party in 1994 and of the Olive Tree coalition in 1996. ...

as budget minister. Reviglio was appointed finance minister in a cabinet reshuffle on 21 February 1993. He succeeded

Giovanni Goria Giovanni Giuseppe Goria (; (30 July 1943 – 21 May 1994) was an Italian politician. He served as the 46th prime minister of Italy from 1987 until 1988. Biography Background and early life Goria was born in Asti (Piedmont). Goria was an ...

in the post. Reviglio resigned from office on 30 March 1993 due to his alleged involvement in a bribery scandal. He also served as a member of municipal council of Turin and as a senator (1992 – 1994). After leaving office and politics, Reviglio returned to his teaching post at the University of Turin. He also assumed the role of senior advisor to

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...

from 2002 to 2007. He is the former president and CEO of Azienda Energetica Metropolitana Torino SpA (Turin Energy Company; 2000 – 2006) as well as the president of NNOICOM, TLC company. He is the emeritus professor at the University of Turin.

References

External links

* {{DEFAULTSORT:Reviglio, Franco 20th-century Italian businesspeople 21st-century Italian businesspeople 1935 births Businesspeople from Turin Eni Finance ministers of Italy Italian Socialist Party politicians Leaders of organizations Living people Politicians from Turin Senators of Legislature XI of Italy Turin communal councillors University of Turin faculty