Massimiliano Cesare, who is the new president of the Popolare di Bari in place of De Gennaro

25 May 20222 years ago babelfish

Here is the curriculum of Massimiliano Cesare, the new president of Banca Popolare di Bari

News at the top of Banca Popolare di Bari: Massimiliano Cesare will take the place of Gianni De Gennaro (torpedoed by the Treasury) as president of the Apulian institute controlled by Mediocredito centrale (Invitalia group of the Ministry of Economy).

The board of the Popolare di Bari yesterday appointed Cesare as president, 25 days after the resignation of Gianni De Gennaro, the ex-prefect who had assumed the presidency of the institute after the commissioner of Bankitalia and the judicial storm following the Jacobini management.

Less than a month after those resignations – which De Gennaro had defined as the conclusion of a cycle with the return to "ethics and legality" but in truth they are due to tensions with the strong shareholder Tesoro as told by Start Magazine – the group Mcc made an entirely internal choice, Il Sole 24 ore stressed today.

Cesare, a lawyer, has in fact been president of Mediocredito Centrale since 2015 and assuming the same position also in the Bari People's Office testifies to the group's choice to have an even more direct grip on the Apulian bank, the Confindustria newspaper remarked today: and commits Mcc to push on the recovery and development path that can no longer be postponed: in 2021 Popolare di Bari closed with a loss for the year of 170.7 million euros, 280 of impaired loans (+ 68.2 compared to 2020), a cost / income index passed from 130.5% to 139.

HERE IS THE FULL CURRICULUM OF MASSIMILIANO CESARE

Born in Naples in 1967.

Chairman of the Board of Directors of Mediocredito Centrale SpA since April 2015, he was reconfirmed in September 2017 and in April 2020.

Since November 2017 he has been Chairman of F2i Sgr, the largest independent Italian manager of infrastructure funds.

During his legal activity he was custodian of companies and assets on behalf of the Court of Naples and the Public Prosecutor's Office, he administered real estate and corporate assets seized from the clans, leading them to confiscation. He also collaborated with the government commission set up to elaborate proposals for the fight, including patrimonial, against crime (April 2013-February 2014.)

He has worked on turnaround operations in situations of financial stress.

Expert in commercial law, with particular attention in the field of corporate law and corporate litigation, he was the legal trustee of the bankruptcy section of the Court of Naples.

In 2013 he was Economic and Legal Advisor to the Prime Minister with responsibility for relations with Italian businesses and companies.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/massimiliano-cesare-presidente-della-popolare-di-bari/ on Tue, 24 May 2022 08:21:05 +0000.