Draghi Taps Ally Scannapieco to Run Italy’s State Bank
- Treasury-backed CDP dwarfs many of country’s private lenders
- Strategic holdings make bank a pivot point for corporate Italy
Dario Scannapieco
Photographer: Stefano Montesi/Corbis/Getty Images
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Prime Minister Mario Draghi named Dario Scannapieco to run state-backed lender Cassa Depositi e Prestiti SpA, putting a long-time ally into one of Italy’s highest-profile corporate posts and paving the way for a significant policy shift at the bank.
Scannapieco, 53, is a European Investment Bank vice president and will take over the top job at Cassa Depositi, also known as CDP, from outgoing Chief Executive Officer Fabrizio Palermo, according to a statement by the Treasury. Giovanni Gorno Tempini will remain as CDP’s chairman.