Friday, July 24, 2015

Alessandro Profumo stepped down as president of the bank MPS – The Nation

Siena, July 24, 2015 – Alessandro Profumo stepped down as president of the bank MPS . After announcing the decision at the end of March, the number one of Rocca Salimbeni, has resigned today the resignation which will be ratified in the Board of Directors scheduled on August 6. Perfume waited an indication of candidate successor, Massimo Tononi , which was announced today by shareholders MPS Foundation Fintech Advisory and Battalion Pactual, although the president of the Italian Stock Exchange would the approval of other major shareholders, including the MEF. Tononi is a banker of long course and was also assistant of Romano Prodi in his second spell at the helm of IRI.

With Prodi also had a political parenthesis, covering the ‘assignment of Economy Undersecretary during the second government when the ministry was headed by Tommaso Padoa-Schioppa. Currently, among his duties, as well as president of the Italian Stock Exchange, he has also to President of Prysmian. But her resume also signals a commitment in the past at Goldman Sachs and the board of the company that manages the London Stock Exchange. Profumo thanked the employees of the bank MPS “for the important achievements made possible by cooperation, passion and sense of belonging that all of them have always shown.”

The gratitude “for the fruitful work “then turned the ad Fabrizio Viola, the members of the board and the supervisory board then highlighting” best wishes for a successful future. ” Profumo had been named as head of the Sienese bank with the difficult mission to ‘save her from the brink of 4.69 billion losses inherited from the administration of former President Joseph Mussari. Only after a recovery plan ‘blood and tears that has generated a bitter confrontation union, two capital increases from 5:03 billion and recourse to State aid, the Sienese bank returned to profit in the first quarter of this year .

Since the arrival of Perfume today also the shareholder structure has changed considerably, especially for what was the largest shareholder, the MPS Foundation, now down to 1.5%. President Palace Sansedoni Marcello Clarich thanked Perfume giving him “a sincere wish” for future business activities; but right from the MPS Foundation came the name of the successor candidate shared with the trust members who hope “that this name will converge on a consensus of the members of the bank MPS”.

Today was a day of appointments Palace Sansedoni It has been formalized even the new general manager that will replace Enrico Granata came in MPS Foundation with the former president Antonella Mansi. This is David Usai will take office from 1 September for a period of four years. Usai was designated by the administrator of the institution deputation on a choice of 50 CV joints with the notice published in June, and in response to the selection process given Korn Ferry. Quarantunenne native of Cagliari, Usai was general manager of Unicef ​​Italy since 2012 earlier this year and said he was extremely pleased with the new assignment revealing: “We had hoped”.

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