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Marco Onado, Influential Italian Finance Scholar and Regulator, Dies at 84

His career bridged academia with policy to craft key financial laws still governing Italy’s markets.

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Overview

  • Marco Onado died on July 1, 2025, in Milan at age 84 after a prolonged illness, prompting tributes across Italy’s economic and academic communities.
  • He taught finance at Università Bocconi for decades, mentoring generations of economists with rigorous analysis of markets and regulation.
  • His academic path included teaching and research appointments at Brown University and the University College of North Wales, enhancing his international reputation.
  • He served as Consob commissioner from 1993 to 1998 and later joined the Draghi commission that drafted Italy’s Testo Unico della Finanza.
  • A prolific author and columnist, Onado demystified complex banking and regulatory issues for the public while advising CNEL and contributing to Prometeia’s scientific committee.