A highly committed man

Politics, business and academia are not short of committees. Standing committees, sitting committees, even audit committees. In some cases, notably the latter in the light of the Enron scandal, their functions are far from clear.

But Mario Draghi, 55-year-old economics professor and former director-general of the Italian treasury who has joined Goldman Sachs as a managing director, is joining a committee that may be novel even to someone with his extensive knowledge of them.