Euronext Nominates Fabrizio Testa as New CEO of Borsa Italiana

Euronext, a number one European buying and selling venue operator, introduced on Thursday that the Board of Administrators of Borsa Italiana and the Supervisory Board of Euronext N.V. have collectively nominated Fabrizio Testa because the CEO of Borsa Italiana, Head of Fastened Earnings buying and selling for the Group and a member of the Managing Board of Euronext N.V.

In keeping with the press launch, his nomination is topic to regulatory and shareholders approval, which, if granted, will see Raffaele Jerusalmi stepping down from his place as CEO of Borsa Italiana efficient November 28 by mutual consent. “After 11 years as CEO of Borsa Italiana, I wish to thank all my colleagues for his or her laborious work, which has allowed the Borsa Italiana Group to have main capabilities in innovation, development and worth creation whereas sustaining a extremely dependable capital market infrastructure for the advantage of all our worldwide monetary group. E, BTP Italia, are simply few examples of profitable progressive companies launched within the final 11 years. We have been a pioneer on the ESG entrance, as the primary change to launch a sustainability day for listed firms and buyers, and we’re happy with our Finance for Artwork challenge and the charity exercise of our Basis,” Jerusalmi commented.

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In the identical announcement, Euronext stated that Angelo Proni was appointed by the Board of Administrators of MTS as the brand new CEO of MTS and can take workplace after the approval of the 2021 monetary outcomes by MTS’ Board of Administrators in Q1 of 2022.

Borsa Italiana Chairman Feedback

Andrea Sironi, Chairman of Borsa Italiana, issued the next assertion: “On behalf of the Board of Administrators of Borsa Italiana and of all of the colleagues of the Group, I wish to specific my gratitude to Raffaele for all that he has executed for Borsa throughout his 11-year tenure as CEO. Beneath his management, Borsa Italiana has constantly delivered glorious financial outcomes, creating vital worth for all its stakeholders, has been a number one monetary market infrastructure by way of innovation and sustainability, as demonstrated by the success of various new initiatives such because the ELITE, AIM Italia, MIV and ExtraMOT markets, and has strengthened its worldwide place. Working with Raffaele over the last six years has been a pleasure and an enriching expertise. I’m certain that Fabrizio, as the brand new chief of Borsa Italiana, Head of Fastened Earnings buying and selling for the Group, throughout the European challenge of Euronext, will take our firm to the subsequent degree for the advantage of all our purchasers, our groups and our companions.”

The announcement comes within the context of Euronext’s efforts to develop its enterprise in Italy and throughout Europe, and ‘to boost the financing of the true financial system.’

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