Michele Pignotti, appointed CEO of Sace in August 2025, has extensive experience in the insurance and financial sector. From 2021 to 2024, he served as Global Growth Leader Credit Specialties at Marsh, following over thirteen years at Euler Hermes, where he was Head of the MMEA region, Country Manager for Italy, and a member of the Management Board with responsibilities for market management, sales, underwriting, and distribution.
SACE is an Italian insurance and financial company controlled by the Ministry of Economy and Finance, specialized in supporting businesses and the national economic fabric through a wide range of tools and solutions.
It supports the banking system to facilitate companies' access to credit, with a role strengthened by the extraordinary measures provided by the Liquidity Decree and the Simplifications Decree. With a portfolio of insured operations and guaranteed investments amounting to 165 billion euros, SACE supports over 25,000 companies, mainly SMEs, fostering their growth in Italy and in about 200 foreign markets.
It has a large number of offices in Italy, most of them in Lombardy. By virtue of its support for companies in foreign markets, it operates in nearly 200 countries and has several offices in major international markets (Accra, Mexico City, Dubai, Hong Kong, Cairo, Istanbul, Johannesburg, Moscow, Mumbai, Nairobi, São Paulo, and Shanghai).
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