Finance
Poste italiane CEO del fante to stay on for fourth term, sources say
Published by Global Banking & Finance Review®
Posted on March 10, 2026
2 min readLast updated: March 10, 2026
Quick Summary
Matteo Del Fante is set to be confirmed as CEO of Poste Italiane for a fourth three‑year term, as his current mandate ends in April. Under his leadership, the state‑controlled group has significantly diversified and delivered strong profit and market‑value growth.
Matteo Del Fante to Remain Poste Italiane CEO for Fourth Term, Sources Confirm
Leadership Continuity and Poste Italiane’s Strategic Evolution
Matteo Del Fante’s Reappointment and Background
MILAN, March 10 (Reuters) - Matteo Del Fante will lead state-owned conglomerate Poste Italiane for a fourth term, two sources close to the matter said on Tuesday, as Italy prepares to announce a raft of top job appointments at leading state‑controlled firms.
Del Fante, a former JPMorgan banker, took over at Poste in 2017. With his third term as CEO ending in April, he is set to be handed another three-year mandate, the sources said.
Poste declined to comment.
Poste Italiane’s Business Expansion
Diversification Beyond Traditional Services
Poste, which is Italy's largest employer with more than 120,000 staff, has expanded beyond its traditional mail and parcel business to offer insurance, payments, savings management, energy and mobile phone services.
Financial Performance Under Del Fante
Under Del Fante, Poste has more than tripled its profits and market value, emerging as Italy's leading logistics operator in recent years by capitalising on the surge in e‑commerce.
Strategic Investments and Partnerships
Telecom Italia Stake and Cloud Initiatives
Last year, Del Fante also oversaw Poste's investment in Telecom Italia, of which it is now the largest shareholder, partnering with the former phone monopoly in a number of initiatives, including in the cloud sector.
Ownership Structure
State Holdings in Poste Italiane
The Italian Treasury directly owns a 29.3% stake in the postal service, while another 35% stake is held through state lender Cassa Depositi e Prestiti.
Reporting Credits
(Reporting by Giuseppe Fonte in Rome and Elvira Pollina in Milan; Editing by Valentina Za)
Key Takeaways
- •Del Fante’s fourth term will extend his leadership from April for three more years, after starting in 2017.
- •Poste Italiane has transformed into a diversified service group—expanding into insurance, payments, energy, mobile—and more than tripled its profits and market value.
- •Poste has become the largest Telecom Italia investor (~24–25% stake), supporting synergies and consolidation in the Italian telecom sector.
Frequently Asked Questions about Poste Italiane CEO Del Fante to stay on for fourth term, sources say
1Who is Matteo Del Fante?
Matteo Del Fante is the CEO of Poste Italiane, having taken the role in 2017 and set to continue for a fourth term.
2How long has Del Fante led Poste Italiane?
Del Fante has led Poste Italiane since 2017 and will enter his fourth three-year term as CEO.
3What are the main businesses of Poste Italiane?
Poste Italiane operates in mail, parcels, insurance, payments, savings management, energy, and mobile services.
4How has Poste Italiane performed under Del Fante's leadership?
Under Del Fante, Poste Italiane has tripled its profits and market value, becoming a leading logistics operator in Italy.
5Who owns Poste Italiane?
The Italian Treasury owns a 29.3% stake in Poste Italiane, and state lender Cassa Depositi e Prestiti holds another 35%.