Fabrizio Palermo

Fabrizio Palermo was born in Perugia February 5, 1971. Palermo was Chief Executive Officer and General Manager of Cassa depositi e prestiti S.p.A. (CDP) and is currently the CEO and General Manager of Acea.[1]

Fabrizio Palermo
Born (1971-02-05) February 5, 1971
EducationLa Sapienza University
Years active1995-present
TitleCEO and GM

Education

Fabrizio Palermo graduated with honors in Business and Economics from La Sapienza University in Rome in 1994.

Career

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.[2]

In 2005, he joined the Fincantieri Group as Business Development and Corporate Finance Director,[3] reporting to the CEO, before taking on the role of Chief Financial Officer (2006-2014) and then Deputy General Manager (2011-2014).[4]

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 CEO of CDP RETI S.p.A from 2019 to 2021[5][6] and Co-Chairman of the Italy-China Business Forum.[7]

On 26 September 2022, he was appointed Chief executive officer of Acea[8] and in May 2023 also became General Manager.[1]

Appointments

He was Chairman of the Board of Directors of CDP Equity S.p.A from December 2018 to Aprile 2019.[9] 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.[10] Since 2017, he has been a member of the Italian-French committee for the alliance project between Fincantieri and the Naval Group, a European shipbuilder.[11] Since 2018 he has been a board member of Centro Studi Americani.[12]

On 27 July 2018, he was appointed CEO of Cassa depositi e prestiti,[13][14] on 4 October 2018, he also took up the position of General Manager.[15] 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 2020 Fabrizio Palermo has been a board member of Assonime,[16] as well as a member of the Advisory Board of the Italian Presidency of the B20.[17]

See also

References
  1. "Acea, Fabrizio Palermo confermato amministratore delegato" (in Italian). 3 May 2023.
  2. "Fabrizio Palermo Biography www.cdp.it".
  3. "Who is Fabrizio Palermo, the new CEO of Cassa depositi e prestiti, www.repubblica.it". 20 July 2018.
  4. "Fabrizio Palermo Biography www.fincantieri.com".
  5. "CDP RETI: Fabrizio Palermo si dimette dalla carica di Amministratore Delegato". 8 June 2021.
  6. "Press release CDP 20 February 2019" (PDF).
  7. "Business Forum sulla cooperazione lungo la Via della Seta".
  8. "Acea: cambio al vertice, Palermo (ex Cdp) nuovo ad" (in Italian). 24 September 2022.
  9. "CDP indica nuovo consiglio amministrazione Cdp Equity" (in Italian). 18 April 2019.
  10. "Stefano Del Punta, Marina Natale and Fabrizio Palermo appointed to the Fondo Atlante investors committee, Reuters Italia". Archived from the original on 21 February 2019.
  11. "Fabrizio Palermo Biography www.cdp.it".
  12. "Consiglio di Amministrazione – Centro Studi Americani".
  13. "Press release 27 July 2018 www.cdp.it".
  14. "CEO Palermo: "In three years, CDP will become a strategic partner for 6o thousand SMEs. www.ilsole24ore.com". 14 February 2019.
  15. "Press release 4 ottobre 2018 www.cdp.it".
  16. "Il Commissario Europeo per l'economia Paolo Gentiloni interviene al Consiglio Direttivo di Assonime" (PDF).
  17. "B20, da Bombassei a Dompè, chi fa parte della task force degli industriali (Draghi non ci sarà)- Corriere.it". 12 February 2020.
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