Close contacts continue to understand what outcome the crisis that has erupted in Intesa Sanpaolo in recent days and which puts the permanence of the current CEO Enrico Cucchiani at risk. Diplomacy between the bank's headquarters and the foundations is at work and, as reported by Radiocor which cites circles close to the member foundations, a meeting is expected between the chairman of the supervisory board, Giovanni Bazoli, and the bank's operational guide, Enrico Cucchiani, on the weekend.
In these days, in fact, the CEO is in New York for a series of appointments and is observing the tensions that have exploded in recent days from abroad. On his return he could meet Giovanni Bazoli for a clarification, probably on Sunday evening. Relations remain tense, but the meeting could be the last chance to see if there is room for mending, even if only temporarily, that will allow Cucchiani to close the 2013 financial statements. Otherwise, the paths of the manager and the bank will they will definitely separate.
In this phase, the position of the major shareholding foundations of Intesa Sanpaolo, Cariplo and Compagnia Sanpaolo remains pending. The president of Cariplo, Giuseppe Guzzetti, and that of Compagnia Sanpaolo, Sergio Chiamparino, are in constant contact and follow the evolution of the story. For the moment their role is that of observers, but they are ready to intervene when the rift with Cucchiani should be consummated. The most accredited candidate to replace the former Allianz manager is always the current general manager Carlo Messina. The issue of bank governance also remains in the background. He will talk about it, like other things, in the supervisory board of the institute next Tuesday. The ultimate goal is to overcome the duality, but the time is not yet ripe and the work on this theme will still continue.
