[3] In 1972, Visco began his career at the Bank of Italy and in 1990 he was named head of the research department; from 1997 to 2002 he was chief economist of the Organisation for Economic Co-operation and Development (OECD) and on 9 January 2007 he was named deputy director-general of the Bank of Italy (alongside Giovanni Carosio) and a member of its Direttorio (Board of Directors).
[4] On 24 October 2011, Visco was named to succeed Mario Draghi as governor of the Bank of Italy by Italian President Giorgio Napolitano.
[8] During his time in office, Visco came under fire for failing to effectively tackle Italy's banking woes.
In October 2017, the country's ruling centre-left Democratic Party submitted a motion in Parliament calling for new leadership at the Bank of Italy, casting doubt on Visco's chances of being reappointed to a second term.
[9] Following a proposal made by Prime Minister Paolo Gentiloni and his cabinet to renominate Visco and the endorsement of the Bank of Italy's high council, President Sergio Mattarella signed a decree to reappoint Visco for a second six-year term.