Andrea Montanino

Director of Sector Strategies and Impact of Cassa Depositi e Prestiti

Biography

Andrea Montanino is an Italian economist and business executive, currently the Chairman of the board of IIT and director of Sector Strategies and Impact at Cassa depositi e prestiti. He was the president of the Italian Investment Fund.

After studying Economics and Commerce at Sapienza University of Rome, where he graduated in 1992, he obtained a Master of Science at the London School of Economics in London and a PhD in Economics again at Sapienza.

In 2001, he moved to Brussels, where he worked as an economist at the Directorate-General for Economic and Financial Affairs of the European Commission.

In 2006, Andrea Montanino returned to Italy and began working with Minister Padoa-Schioppa as economic advisor and head of the technical secretariat until the fall of the government; then he became the general director of the Treasury Department.

Since 2012, he has been in Washington, where for two years he was one of the executive directors and a member of the board of the International Monetary Fund. In 2014, he joined the Atlantic Council, a think tank focused on cooperation between North America and Europe, to lead the Global Business and Economics Program area. In 2017, he joined Confindustria as chief economist and director of the research center. In 2019, he moved to Cassa depositi e prestiti as Chief Economist and was appointed president of the Italian Investment Fund; then in 2022 he became responsible for the Directorate of Sector Strategies and Impact.

Brand

The Cassa Depositi e Prestiti, also known as the CDP Group, is a significant financial institution of the State in the form of a joint-stock company, approximately 83% controlled by the Ministry of Economy and Finance and about 16% by various banking foundations.

The main source of financial resource collection is the Italian postal savings, which CDP has been managing since 1875. In addition, there is the bond issuance carried out in the markets, both with institutional investors and retail. The primary use of financial resources is represented by loans to the State and local administrations, investment in the equity of Italian companies, and participation in real estate, infrastructure, and financial projects.

In pursuing its tasks, CDP collaborates with major economic and financial institutions operating internationally and coordinates with entities that play a similar role in other European countries.

It represents the third banking institution in Italy after UniCredit and Intesa Sanpaolo.

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