Marcellus Minenna, the director of the Quantitative Analysis Office of Consob and former councilor of the Giunta grillina of Rome, he will not become president of the Authority that oversees the Stock Exchange and on the financial markets. Minenna, who was supported above all by the Five Stars, stumbled at the last mile because his appointment, proposed by the Government, he never convinced the Quirinale for at least two reasons. In the first place because it would be curious to entrust the presidency of Consob to a personality who he has never made a secret of his Euroscepticism and secondly because Minenna animated the internal battle against the president Mario Nava, which induced the latter to resign and which deeply lacerated Consob.
Now it's back to the high seas not just because the nomination procedures have to be restarted, but also because that of Consob, in the Cencelli manual on the subdivision of public offices of the yellow-green government, went hand in hand with that of theAntitrust, where the choice of the number one is up to the presidents of the two Chambers, who have not yet found the square.
Its institutional doubts about Euroscepticism of Minenna also seem to block the way for another candidate for the presidency of Consob, the economist Antonio Maria Rinaldi, sponsored by the Minister for European Affairs, Paolo Savona, who has already run into the veto of the Quirinal once, which did not hesitate to block his appointment to the Treasury.
The fact that even the choice of the new Antitrust leaders is on the high seas could reshuffle the cards and return to the League area instead of Five Stars the indication of the future president of Consob. If this were the case, the appointment could fall on a Bocconi economist well known by the undersecretary to the presidency Giancarlo Giorgetti and by the Milanese financial community. There are three names circulating and they are those of Albert Dell'Acqua, of Donato Masciandaro need Carlo Maria Pinardi.
If instead the choice for the presidency were to fall on an internal member of Consob, the most likely candidates would be the jurist Giuseppe Maria Berruti and the economist Paul Ciocca, but at the moment the internal choice is not the one that seems to enjoy the favors of the forecasts. However, if the solution to the rebus were to become complicated, a completely new choice cannot be ruled out, both because it is female and because from the other institutional point of view such as that of Magda White, head of the Bank of Italy's consumer protection and anti-money laundering service.
Much will depend on how the battle for the appointment of the new president of theAntitrust. Here the shortlist of eligible candidates is for now restricted to three candidates, all authoritative such as Anna Maria Tavassi, president of the Court of Appeal of Milan, the president of the Council of State Alessandro Pajno and the former secretary general of the Antitrust Albert Pera, who is also president of the Italian Antitrust Association. But the games are more open than ever and everything suggests that the new presidents of Consob and the Antitrust may reserve a surprise.
