Mediobanca's outgoing CEO sends farewell letter to bank's staff
Published by Global Banking & Finance Review®
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking & Finance Review®
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Mediobanca CEO Alberto Nagel steps down after a failed takeover defense against Monte dei Paschi di Siena, expressing gratitude to staff in a farewell letter.
MILAN (Reuters) -Mediobanca's CEO Alberto Nagel, poised to step down after losing the battle to resist a takeover bid from Monte dei Paschi di Siena, thanked the bank's staff in a farewell letter on Thursday.
Nagel writes "I will never be able to thank you enough for giving me the privilege of working with you," in the letter seen by Reuters.
(Reporting by Gianluca Semeraro, writing by Alvise Armellini, editing by)
Alberto Nagel is stepping down after losing the battle to resist a takeover bid from Monte dei Paschi di Siena.
In his farewell letter, Nagel thanked the bank's staff, stating, 'I will never be able to thank you enough for giving me the privilege of working with you.'
The farewell letter was reported by Reuters, specifically seen by Gianluca Semeraro and written by Alvise Armellini.
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