Alessandro Profumo will be the new president of Monte dei Paschi di Siena and at the opening the Mps stock gains around two points, immediately taking the lead over the Ftse Mib. The increase then decreased in the following minutes, but the Bank maintained its positive sign, in contrast with the general index, which instead recorded a decrease of 0,4%.
The decision was made official late yesterday evening, at the end of a painful meeting of the Deputation of the MPS Foundation, which controls the majority in the Bank's assembly. Profumo was not voted for by the president of the Foundation, Gabriello Mancini, who, indeed, left the meeting around 22.30pm.
Together with Profumo, the Foundation will indicate the name of Fabrizio Viola, current general manager, as managing director, a position vacant so far. Even the three other directors chosen by the Foundation are new names for the board: Marco Turchi, until now auditor auditor of Banca Mps, Paola Demartini, Tania Groppi and Angelo Dringoli. The latter two teach at the University of Siena, Demartini at Roma Tre.
A reversal that has torn apart the various souls of the Sienese Democratic Party: around the name of Profumo there was broad consensus, but the former CEO of Unicredit risked being sucked into the discontent of the former Margherita area, of which Gabriello Mancini is an exponent, who together with the governor of the Tuscany region Enrico Rossi, insisted on the alternative candidacy of Divo Gronchi. A tactical choice to solicit the reconfirmation of Alfredo Monaci, president of Biverbanca, brother of the president of the Region, on the board of directors.
Now, having overcome the rocks of local politics, Profumo can get ready for the new adventure that will begin after the shareholders' meeting on 27 April. The intentions are combative: the objective is to set up a new laboratory bank model for the credit system.
