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    1. Home
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    3. >Italian lender MPS board identifies Palermo as sole CEO candidate
    Finance

    Italian Lender Mps Board Identifies Palermo as Sole CEO Candidate

    Published by Global Banking & Finance Review®

    Posted on March 24, 2026

    1 min read

    Last updated: March 24, 2026

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    Quick Summary

    Banca Monte dei Paschi di Siena’s board has put forward Fabrizio Palermo—currently CEO of Acea and former head of Cassa depositi e prestiti—as its sole candidate for the next CEO role. His backing is seen as aligned with key shareholder Francesco Gaetano Caltagirone.

    Banca Monte dei Paschi di Siena Names Fabrizio Palermo Sole CEO Candidate

    Board Decision on CEO Appointment

    Announcement Details

    Official Statement

    March 24 (Reuters) - Italian lender Banca Monte dei Paschi di Siena said on Tuesday its board identified Fabrizio Palermo as the sole candidate for the position of chief executive officer.

    Reporting and Editorial Credits

    (Reporting by Mrinmay Dey in Mexico City; Editing by Alan Barona)

    References

    • Fabrizio Palermo
    • Caltagirone, Palermo and Monte dei Paschi: a stake built over time - Pierluigi Piccini BLOG (Ufficiale)
    • Monte Paschi board member resigns amid insider trading probe | Euronews

    Table of Contents

    • Board Decision on CEO Appointment
    • Announcement Details
    • Official Statement
    • Reporting and Editorial Credits

    Key Takeaways

    • •Fabrizio Palermo, CEO of Acea and ex‑CEO of Cassa depositi e prestiti, is the board’s only nominee for CEO at MPS, signaling a governance shift. (en.wikipedia.org)
    • •His candidacy appears supported by major shareholder Francesco Gaetano Caltagirone, who has grown his MPS stake and trusts Palermo from prior roles. (pierluigipiccini.it)

    Frequently Asked Questions about Italian lender MPS board identifies Palermo as sole CEO candidate

    1Who has been identified as the sole CEO candidate for MPS?

    Fabrizio Palermo has been identified as the sole candidate for the CEO position at Banca Monte dei Paschi di Siena.

    2What decision did the MPS board announce?

    The MPS board announced that Fabrizio Palermo is the sole candidate for the chief executive officer position.

    3When did Banca Monte dei Paschi di Siena make the CEO announcement?

    The announcement was made on Tuesday, March 24.

    •
    The move comes amid MPS’s ongoing transformation following its Mediobanca takeover and scrutiny from the ECB, which is assessing leadership credentials. (euronews.com)
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