Vogon Today

Selected News from the Galaxy

StartMag

Francesco Mele, who is the new head of Cdp Equity

Francesco Mele, who is the new head of Cdp Equity

Francesco Mele will be the new CEO of Cdp Equity, replacing Pierpaolo Di Stefano. Here is Mele's curriculum

From September 19, Francesco Mele will be the new CEO of Cdp Equity, the investment holding 100% controlled by the Cdp group.

He was appointed by the board of the Cassa Depositi e Prestiti chaired by Giovanni Gorno Tempini and led by the CEO, Dario Scannapieco, as announced in the press release of 5 August.

Mele comes from Illimity Bank, where he has held the position of CFO and head of central functions for the past four years. Previously he was CFO of Monte dei Paschi di Siena and responsible for Nomura's investment banking activities for Italy. Mele, 53, began his career in 1996 at Goldman Sachs in the investment banking division, where he remained for 14 years with growing commitments in the London and Milan offices.

In the new position he will replace Pierpaolo Di Stefano, CEO of Cdp Equity since 2019.

THE BIOGRAPHY OF FRANCESCO MELE, DESIGNATED CEO OF CDP EQUITY, TAKEN FROM THE ILLIMITY BANK WEBSITE

Bocconi economist, his career brought him from the beginning to the City where he held crucial roles in M&A and corporate finance first in Banca Commerciale Italiana and then for 14 years in Goldman Sachs, where he became Managing Director with responsibility on the Italian market. In 2001 he left London and returned to Italy, continuing his experience with Goldman Sachs and starting from 2010 with Nomura, assuming the top role in investment banking activities.

In 2016 he entered as Chief Financial Officer (CFO) in the most delicate phase of Banca Monte dei Paschi di Siena: here he plays a key role in the recapitalization of the institution and in the largest securitization of non-performing loans ever carried out in the world.

In April 2018, having completed the main extraordinary transactions related to the MPS Restructuring Plan, he joined the SPAXS project as CFO and responsible for all central functions of the new bank. In illimity he brings his approach of gentle rigor in governing the numbers and the people who work in the bank that wants to go further.
Francesco is married to Giovanna and has two daughters: Rebecca and Penelope.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/francesco-mele-chi-e-il-nuovo-capo-azienda-di-cdp-equity/ on Fri, 05 Aug 2022 08:03:53 +0000.