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Cdp, as the Cassa will make cash with the Scannapieco plan

Cdp, as the Cassa will make cash with the Scannapieco plan

What does the new strategic plan to 2024, approved today by the board of directors of Cassa Depositi e Prestiti led by the CEO, Dario Scannapieco, foresee

Cassa Depositi e Prestiti will manage its equity investments with a "new management logic".

This is the address of the new strategic plan to 2024 approved today by the board of directors chaired by Giovanni Gorno Tempini.

On the one hand, there will be equity investments considered strategic where Cdp will maintain a role of stable shareholder and oversee infrastructure or assets that are relevant to the country; "On the other hand, the interventions of purpose, where the commitment is aimed at the growth or stabilization of companies in key sectors, but with the logic of exit and rotation of capital".

Cassa has, among its shareholdings, approximately 10% of Tim and the majority stake in Fincantieri.

THE NUMBERS OF THE CDP TARGATA SCANNAPIECO

65 billion of resources mobilized between now and 2024 (+ 5% on the previous period) in order to mobilize 128 billion of investments in support of the country system, also thanks to the assistance of other private investors or territorial institutions equal to 63 billion. These are the main axes of the new strategic plan of Cassa Depositi e Prestiti presented Thursday 25 November by the President Giovanni Gorno Tempini and by the CEO Dario Scannapieco .

THE 4 PRIORITIES OF CASS DEPOSITI E LOANS WITH SCANNAPIECO

Conditional change, inclusive growth, support for production chains, innovation and digitalization: these are the four priorities of the new three-year strategic plan of the CDP that will transform its operations. The plan signed by the new CEO Dario Scannapieco aims to commit 65 billion in the three-year period 2022-24, with an increase of 5 percent compared to the previous plan with the activation of investments estimated overall at 128 billion.

THE PILLARS OF THE SCANNAPIECO TARGETED CASH FLOOR

The plan approved today by the CDP board includes ten fields of intervention, with a commitment in compliance with the objectives of the UN 2030 Agenda for sustainable development, also intercepting many of the missions of the National Recovery and Resilience Plan.

WHAT THE CDP WILL DO

The 'new' CDP will change its operational strategy. First of all, it will specialize in strategic and sectoral analysis for the adoption of specific financing and investment policies.

WHAT DOES THE NEW DEPOSIT AND LOAN CASH PLAN PROVIDE?

These policies, reads in a note from the group chaired by Giovanni Gorno Tempini, will be an ex-ante guide to decisions and will allow the ex-post measurement of the impact, in social, economic and environmental terms thanks to the introduction of a new model of operation.

HOW THE CASH WILL PUSH THE ADVICE

A second criterion will be a strengthening of the consultancy activity and the management of public funds especially for the benefit of the PA A third pillar of Cassa spa's operations is linked to the role of Cdp as a promotion and development institute, through the offer of financial instruments available to companies and public administrations.

HOW THE SCANNAPIECO CDP WILL MOVE

The action of Cdp "must be additional and complementary to the other forms of financing available, inclusive and not divisive towards the market".

THE WORDS OF SCANNAPIECO

For the CEO Scannapieco 'sustainability', additionality and subsidiarity with respect to the market, strategies, policies and impact are the key principles of the Strategic Plan. The starting point is the observation of the urgent challenges that Italy faces. Cassa will respond with a complementary approach to the market, directing resources towards Italy's priorities and aiming to achieve positive effects for businesses, public administrations and families'.

THE COMMENT OF GORNO TEMPINI

The new plan, comments the president Giovanni Gorno Tempini, "looks to the future with a great sense of responsibility and awareness of our capabilities and our objectives: to be more and more a flight for the sustainable development of the country and achieve a significant impact. at an economic, social and environmental level


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/cdp-come-la-cassa-fara-cassa-col-piano-di-scannapieco/ on Thu, 25 Nov 2021 14:51:04 +0000.