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Biography of Letizia Brichetto Arnaboldi Moratti
Born in Milan on 26 November 1949, she is married, with two children.
One of the most noted entrepreneurs in Europe, over the last 25 years Letizia Brichetto Arnaboldi Moratti has conducted a wide range of international activities in finance, insurance, risk management, communications services and new media. She has had executive responsibility for major Italian and foreign groups engaged in complex restructuring and development projects.
Before taking her present position as Minister, she was Chairman of the Board of the Syntek Capital Group, a European telecommunications and media investment company, of which she remains the largest shareholder and Chairman of the Advisory Board. In the past, as Chairman and Executive Director of News Corp Europe from November 1998 to September 1999, Letizia Brichetto Arnaboldi Moratti carried out the plan for expansion of the European business of the group, headed by Rupert Murdoch.
Among the objectives she has attained are the relaunching, in production and marketing, of Stream, Italy's second digital TV platform, and the development of TM3 GmbH, the new German pay-TV network. She has been a member of the Board of Directors of News Corporation Ltd. USA and of the British BskyB television company. From 1994 to 1996 Letizia Brichetto Arnaboldi Moratti was President of RAI, the Italian public broadcasting company. In that period RAI carried out a broad plan of internal reorganization and strengthened production, thanks to which it eliminated pre-existing losses and made substantial profits. In the course of her business activities, which date back to 1974, in 1994 Letizia Brichetto Arnaboldi Moratti purchased the Nikols group, quickly making it the Italian leader in the insurance brokerage market.
The company's turnaround was achieved in just twelve months, thanks to strong expansion of business in Europe and Latin America. Later, after conducting 70 mergers and consolidations of its assets in twelve countries, Nikols formed an international alliance with the Sedgwick group. For many years she has been engaged in the analysis and planning of advanced services for industry. She promoted the development of the Advanced Services Federation, of which she was Vice President, in representation of over 500,000 people engaged in professional services in information technology, advertising and direct marketing. She has also headed the insurance organization Associazine Italiana Brokers di Assicurazioni Riassicurazione. During the same period she launched a Public Administration Systems Research initiative, which the leading Italian industrial groups have joined and whose purpose is to provide studies, research, planning, assistance and support to the public administration.
Since 1996 she has been a member of the executive council of UNI, the Italian unification agency, assigned to define and certify industrial quality standards. Since 1998 she has been a member of the UN's specialized World Intellectual Property Organization. In 2001 she joined the Advisory Board of the Carlyle Group - Europe. She was assistant professor of European Community law at the University of Milan from 1972 to 1973. Letizia Brichetto Arnaboldi Moratti is involved in a wide range of humanitarian and welfare activities. Since 1996 she has been a member of the steering committee of Rainbow - International Associations against Drugs; since March 2000 she has been Ambassador for the United Nations Drug Control Program.
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