CDP: Bassanini leaves, Costamagna President. Former minister … – The Republic

MILAN – Franco Bassanini passes by the Cassa Depositi e Prestiti in Palazzo Chigi. After days of rumors, communication comes directly from the President of the Council, Matteo Renzi. The post of president of CDP pass to Claudio Costamagna.

“I spoke with President Bassanini the need – felt by the Government and the Bank Foundations (CDP shareholders of 18.4%, ed ) – that this process is accompanied by a broader debate on the governance of the Fund, “the statement said the premier. “I even proposed my plan to continue to use its expertise and experience to serve the country for other positions. Bassanini said he was willing to help this process of renewal, for choosing the time to work at Palazzo Chigi with the ‘position of’ special adviser ‘of the Prime Minister. And’ my intention to give him from time to time the task of preparing analyzes, proposals and solutions to specific problems, continuing to make a contribution to the realization of the Plan Banda Ultrawide. At the same time, Bassanini said he was willing to resign from the presidency, ensuring the continuity of institutional representation of CDP until the election of a new President. “

On the role of banking foundations, Prime Minister’s office said that” you are to them Once you expressed their willingness to agreed designation of the new president of the CDP in the person of Claudio Costamagna, manager of high international experience as part of an arrangement to ensure maximum operational efficiency, financial stability and adequate profitability. The members of the CDP will ask the company a dividend policy in 2015 similar to that of 2014 “.

On the other hand the premier Renzi, had said:” The current leaders have done a good job, but we must necessarily appoint five new people, for technical reasons, and this invalidates the board, we think of interventions to make CDP stronger in matches of the country. “

With the replacement at the helm of the CDP, which invests about 250 billion euro (mainly the result of the postal savings of Italians), Renzi is planning to relaunch its role in support of the national economy. The government, through the Treasury 81% of the capital of the Bank is therefore seeking ‘ agreement with the former banking Foundations shareholding to 18% of CDP and the persons entitled to the appointment of the president, were the ones who, in recent days, to emphasize the trust in Bassanini.

Now the executive settles therefore President of Salini-Impregilo, Claudio Costamagna. For the role of CEO, which are not referenced in the press at Palazzo Chigi, the intention was to change ventilated former banker Giovanni Gorno Tempini with another banker Fabio Gallia, Chief BNL (BNP Paribas Group). Gaul, however, has been indicted by the public prosecutor of Trani for a case of sale of derivatives: the status of CDP prohibits the appointment in case of trial, but would be ready the change of the regulation.

Arguments:

CDP

Deposits and Loans Fund

Starring:

Franco Bassanini

Claudio Costamagna

Fabio Gallia