Fabrizio Palermo

Fabrizio Palermo was born in Perugia on 5 February 1971. He is Chief Executive Officer and General Manager of Cassa depositi e prestiti S.p.A. (CDP).

Fabrizio Palermo

Biography

Fabrizio Palermo graduated with honours in Business and Economics from La Sapienza University in Rome in 1994. He began his career in 1995, in the Investment Banking Division at Morgan Stanley in London, where he was responsible for equity and bond placements, corporate mergers and acquisitions. From 1998 until 2005, he was a strategic consultant at McKinsey & Company, specialising in corporate restructuring, transformation and turnaround projects for major industrial and financial groups.[1]

In 2005, he joined the Fincantieri Group as Business Development and Corporate Finance Director,[2] reporting to the CEO, before taking on the role of Chief Financial Officer (2006-2014) and then Deputy General Manager (2011-2014).[3]

From 2014 to 2018, he was Chief Financial Officer and Financial Reporting Officer at Cassa depositi e prestiti Group, with responsibility for postal and bond funding, liquidity management, investment portfolio management and Group Asset and Liability Management (ALM). He was Chairman of the Board of Directors of CDP Equity S.p.A from December 2018 to Aprile 2019.[4] He is also on the board of Fincantieri S.p.A. and Open Fiber S.p.A., and a member of the Fondo Atlante investor committee.[5] Since 2017, he has been a member of the Italian-French committee for the alliance project between Fincantieri and the Naval Group, which aims to become Europe’s leading shipbuilder.[6]

On 27 July 2018, he was appointed CEO of Cassa depositi e prestiti,[7][8] on 4 October 2018, he also took up the position of General Manager.[9] He has also served as a board member of Fincantieri USA Inc., Vard Group AS, Vard Holdings Limited, Risparmio Holding S.p.A. and Equam S.p.A. and as a member of the Italian Recovery Fund (formerly Atlante II) investor committee.

Since February 2019 he has been CEO of CDP RETI S.p.A[10] and Co-Chairman of the Italy-China Business Forum.[11]

See also

References

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