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It is confirmed: Alessandro Profumo is the new CEO of Leonardo (ex-Finmeccanica). Moretti era is ended

Rome, Italy - Gianni De Gennaro is reappointed President

As this AVIONEWS agency anticipated, the appointment of CEO of Leonardo (ex-Finmeccanica) goes to Alessandro Profumo. Profumo takes the place of Mauro Moretti (appointed in May 2014), who took office under the Government of Matteo Renzi. The decision was probably influenced by the fact that Moretti was sentenced to 7 years, together with other managers, by the Court of Lucca (Italy) for the accident of Viareggio. Now that Moretti era is ended, the time of Profumo begins. Born in Genova (Italy) in 1957, he has in his past a solid career in banks. With a degree in Economics at the Bocconi University in Milan (Italy), he enters Banco Lariano as an employee in 1977, where he works for 10 years. Then he moves to McKinsey, a management consulting firm. In 1991 he arrives at the insurance company RAS as general manager. In 1994 with the privatization of Credito Italiano, he enters the banking Group of Cordusio Square (main office of the Credito Italiano bank) of which he becomes Deputy General Manager. Around Credito Italiano he develops a growing policy by aggregating Italian and European banks, extending into Germany and Countries of New Europe, in this way starting Unicredit, the biggest Italian Pan-European Bank Group. He leaves the management of the bank in September 2010. In April 2012 Profumo becomes President of Monte dei Paschi di Siena, renouncing to the salary set for this position and chosing to be paid as the members of the BoD. He manages Rocca Salimbeni (where the bank has its main office) until August 2015, one of the most turbulent and difficult times in the long history of the bank. After leaving Siena, he arrives as prominent partner in Equita Sim, of which he becomes President in September 2015. Among his present assignments he is also member of the Board of Directors of ENI. Within Leonardo Group nothing changes in the role of President, for which the Italian Treasury reappointed Gianni De Gennaro.

AVIONEWS - 1203079
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