Poste Italiane CEO Secures Italian Government Backing for Fourth Term
Published by Global Banking & Finance Review®
Posted on April 2, 2026
2 min readLast updated: April 2, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 2, 2026
2 min readLast updated: April 2, 2026
Add as preferred source on GoogleItaly’s Treasury is proposing the reappointment of Poste Italiane CEO Matteo Del Fante for a fourth term, alongside renewing Chair Silvia Maria Rovere. Under Del Fante, Poste achieved record 2025 revenues of €13.1 billion and net profit of €2.2 billion amid a strategic Telecom Italia takeover bid.
ROME, April 2 (Reuters) - Italy's Treasury proposes to reappoint Matteo Del Fante at the helm of financial conglomerate Poste Italiane for a fourth term, it said on Thursday.
Del Fante, a former JPMorgan banker, took over at Poste in 2017.
Italy's Treasury holds a 29.3% stake in Poste, while state lender Cassa Depositi e Prestiti (CDP) owns another 35% shareholding.
Poste chair Silvia Maria Rovere will also stay for additional three years, the Treasury said in a statement.
State-controlled Poste unveiled last month a bid to take former phone monopoly Telecom Italia (TIM) private and create a national digital champion, strengthening state control of assets that handle critical household and corporate data.
The group, one of Italy's largest employers, already offers logistics, financial, payments, broadband and insurance services.
(Reporting by Giuseppe Fonte, editing by Alvise Armellini)
Matteo Del Fante is proposed for a fourth term as CEO of Poste Italiane by Italy's Treasury.
Italy's Treasury holds a 29.3% stake in Poste Italiane, while state lender CDP owns another 35%.
Poste recently bid to take Telecom Italia (TIM) private to create a national digital champion.
Poste Italiane offers logistics, financial, payments, broadband, and insurance services.
Silvia Maria Rovere will also stay as chair for another three years.
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