One of the greatest leaders of modern times, Mario Draghi, outgoing president European Central Bank (ECB), is the 2019 recipient of the Sutherland Leadership Award. The Award recognises outstanding international leaders who have embodied the values of one of Ireland’s and Europe’s finest leaders, Peter Sutherland.
The Sutherland Leadership Award was established in 2018 with the support of the Sutherland Family recognising its inaugural honouree José Manuel Barroso former President of the European Commission. The Sutherland Leadership Award is now an integral part of the Business & Finance Awards Programme which is now celebrating its 45th year.
The Italian economist has been serving as President of the European Central Bank since 2011, with his term ending on 31st October, 2019, handing over to successor Christine Lagarde. Mr Draghi is widely credited with stabilising the Euro during one of the most turbulent periods for the Eurozone, declaring in July 2012 that he would do “whatever it takes” to save the single currency. Throughout his term at the helm of the ECB, Mr Draghi was renowned for navigating the complex political landscape within the European Union’s institutions and he succeeded in promoting growth in the Eurozone through an aggressive course of quantitative easing, while championing negative interest rates.
Mr Draghi will accept the Sutherland Leadership Award at the Business & Finance Awards on Thursday, December 12th 2019.