Ettore Gotti Tedeschi

Ettore Gotti Tedeschi (born 3 March 1945 in Pontenure) is an Italian economist and banker, and ex-President of the Institute for Works of Religion, also known as the Vatican Bank (from 2009 to 2012).

In 1992 with Gianmario Roveraro as financier, Tedeschi helped to found the Akros Finanziaria at the request of Emilio Botín, closely associated with the Spanish Santander Group.

As of current he teaches ethics at the Università Cattolica del Sacro Cuore, and he is writer for L'Osservatore Romano, and Il Sole 24 Ore.

[4] In May, 2012, Tedeschi was forced from his position at the Institute for Works of Religion, due to a no-confidence vote by the board of directors and was temporarily succeeded by the German, Ronaldo Hermann Schmitz.

[5] The vice-president of the board, Ronaldo Schmitz, a former executive director of Deutsche Bank, wrote to the secretary of state to say that he would resign if the then president were not removed.