The turnaround at the top seems to bring luck to Federcasse, the organization that brings together most of the country's CCBs. After the Waterloo that followed the reform and which led to the vertical split of the movement and the probable formation of not just one group but even three (the Federcasse, the Cassa Centrale Banca led by the Bccs of Trentino, and the group of almost all the Bcc of Alto Adige), in recent days there has been a changing of the guard and after a quarter of a century the national president Alessandro Azzi has resigned while remaining at the helm of the Bcc of Garda and of the Federcasse of Lombardy.
In place of Azzi, Augusto Dell'Erba, who was the vice president and who is president of the temporary cooperative credit guarantee fund, was appointed as the new president of Federcasse. It is too early to say what will change in the management and strategy of Federcasse with Dell'Erba's arrival at the top, but it is a fact that just recently confirmations of membership of Federcasse and Iccrea have arrived, which is its operating arm, of the Bcc of Rome, which is the largest Bcc in Italy by total assets, and of the Bcc of Alba and the Langhe, which is the second. On the other hand, Italy's third Bcc, the Bcc of Cambiano, which divorced Federcasse more than thirty years ago and which has now left cooperative credit by choosing the way out and transforming itself into a joint stock company through the merger with Banca Agci, will not join.
