Chief Executive Officer of Cassa depositi e prestiti since 27 July 2018 and General Manager from 4 October 2018.
Born in Perugia in 1971, Fabrizio Palermo graduated with honours in Economics from University of Rome “La Sapienza” in 1994. He is married with two children.
He began his career in 1995 at Morgan Stanley, London, where he joined the Investment Banking Division and worked primarily on stock and bond issuances and corporate mergers and acquisitions.
From 1998 to 2005, he was a strategic consultant at McKinsey, specialising in corporate restructuring, transformation and turnaround projects for large industrial and financial groups.
In 2005, he joined Fincantieri Group as Business Development and Corporate Finance Director, reporting directly to the CEO, before taking on the appointment of Chief Financial Officer (2006–2014) and then of Deputy General Manager (2011–2014).
From 2014 to 2018, he was Chief Financial Officer and manager responsible for financial reporting of Cassa depositi e prestiti Group, with specific responsibility for postal and bond funding, liquidity management, investment portfolio management, and asset and liability management (ALM) at group level.
Since December 2018 he is Chairman of the Board of Directors of CDP Equity S.p.A., he is also a board member of Fincantieri S.p.A., Open Fiber S.p.A. and a member of the Fondo Atlante investors committee. Since 2017, he has been a member of the Italian-French committee for the alliance project between Fincantieri and Naval Group, aimed at creating a European shipbuilding champion.
Over his career, he has been a board member of Fincantieri USA Inc., Vard Group AS, Vard Holdings Limited, Risparmio Holding S.p.A., Equam S.p.A. and was a member of the Italian Recovery Fund (formerly Atlante II) investors committee.