Angelo Caloia
Angelo Caloia is an Italian economist and banker, who was the President of the Vatican Bank for 20 years until September 2009.
Career
In 1989, he was called by Pope John Paul II to lead the Institute for the Works of Religion, which made him president of the Vatican Bank. He took office after Paul Marcinkus was forced out due to multiple scandals. He was chosen in order to restore the reputation of the bank and gets its financial affairs in order, but soon afterwards clashed with Donato De Bonis. He stated that during his time at IOR, he tried to be more transparent, but said overall that he "healed" the IOR and stated that the accounts were positive upon his leaving and that there was a clean house.He left the office on 23 September 2009 and was replaced by Ettore Gotti Tedeschi. He left a year before the end of his mandate by direct choice of the Cardinal Secretary of State. After leaving office he became professor of political economy at the Catholic University and president of the Mediocredito Lombardo bank.