Mario Monti has agreed to serve as Chairman of the Council for the Future of Europe (CFE). Monti joined the Council in 2011 at the invitation of Nicolas Berggruen, the founder of the Berggruen Institute on Governance and original Chairman of the Council. He remained in close contact with the Council throughout his tenure as Prime Minister of Italy, a role he was appointed to in November 2011 by President Giorgio Napolitano in the midst of Italy's economic and financial crisis. Prior to courageously undertaking the leadership of Italy during its hour of need, Monti had a direct role in the governance of the EU, first as Commissioner for the Internal Market, Financ ial Services and Tax Policy (1995-99), then as Commissioner for Competition (1999-2004). He is currently President of Bocconi University and a Senator for life.