Reuters
3 minute read
Italy s government has chosen European Investment Bank (EIB) Vice President Dario Scannapieco as the new head of state lender Cassa Depositi e Prestiti (CDP), two sources close to the matter said on Thursday.
The Italian Treasury, which controls CDP, will present the nomination at a meeting of the state lender s shareholders later on Thursday, who will then make the appointment official.
Scannapieco, a 53-year-old economist, will replace Fabrizio Palermo, whose three-year term as chief executive officer of CDP expires this week.
The move is part of a wider reshuffle of key positions in state companies driven by Prime Minister Mario Draghi as the country prepares to spend 220 billion euros ($268.47 billion) of EU funds.