Popular Bari, the dg De Angelis sawed by Mcc di Mattarella?
Facts, names and rumors on the Banca Popolare di Bari
Has Mediocredito centrale torpedoed the general manager of Banca Popolare di Bari?
This is the question that has been circulating since yesterday in the branches of the Apulian bank which is still in the police station and struggling with a new shareholding structure.
The news that has been questioning the bank's employees, shareholders and customers since yesterday is this: Alberto De Angelis surprisingly leaves the general management of Popolare di Bari six months after the appointment made by the commissioners.
Really surprising? In fact, in Bari, from Rome, rumors had been perceived for weeks that were going in the same direction. So not everyone was really surprised by the news.
Yesterday in a note the commissioners of the bank, Antonio Blandini and Enrico Ajello, announced that De Angelis' contract expired on 31 August.
In the note he wishes him every professional success. On the other hand, the CFO, Cristiano Carrus, also called to manage the first months of emergency after the commissioning of the institute ordered, on a proposal by the Bank of Italy, on 13 December remains in the bank.
The appointment of De Angelis was made by the commissioners with the approval of Mediocredito Centrale (100% Invitalia, a company controlled by the Ministry of the Economy), now the main shareholder of the bank and waiting to take the lead once the bodies have been reconstituted , after the transformation into a spa and the outcome of the post public-private rescue meeting of the bank founded by the Jacobini family.
An event that should have materialized on September 16, with the ordinary meeting first convened and then revoked by the commissioners after a week due to the failure to indicate the new bodies by the reference shareholder, precisely Mediocredito Centrale (Mcc), the institute headed by the managing director Bernardo Mattarella and indirectly controlled by the Ministry of Economy headed by Roberto Gualtieri through the state company Invitalia, which is 100% controlled by the Treasury.
De Angelis, in the long farewell letter to the employees of the bank issued yesterday, writes: "I learned yesterday that today is my last day with you." "Evidently he was not expecting the termination of the contract, but an extension until the next ordinary meeting of the bank, whose general management he took office on March 2, and immediately met the heads of the main operating units of the bank and traced the lines of address ”, commented Il Sole 24 Ore .
The non-reconfirmation could be linked to the overall maneuver on the governance of the bank, not yet defined, as demonstrated by the failure to submit, by 28 August, the lists of the shareholder Mcc (97% of the share capital) for the board of directors and the board of statutory auditors to be elect at the ordinary meeting convened for September 16 – added the economic-financial daily – The choice was not made and the convocation of the meeting was therefore revoked by the commissioners, Blandini and Ajello, at another date, certainly by Autumn".
This could explain the reason for the non-reconfirmation by the commissioners of De Angelis. On the contrary, proceeding with it, the reconfirmation could also have been read as a sort of investiture for the future, with respect to the decisions of Mcc and the higher reference institutions.
De Angelis – in the letter to the employees – does not hide the fact that the critical issues occurred precisely in the commercial area, with "results that are struggling to arrive also due to the lack of responses in keeping with the needs of customers or references to numbers and procedures".
Finally, thanks also to the trade unions and the wishes to the employees "to carry out all that will be needed to build a bank that knows the territory in all its forms, and knows how to find the ability to give the right answers".
“Mcc likes another manager”, an insider who follows the Popular dossier of Bari cuts short with Start Magazine .
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/popolare-bari-il-dg-de-angelis-segato-da-mcc-di-mattarella/ on Wed, 02 Sep 2020 14:05:33 +0000.