Credito Emiliano Group Structure and Governance

Credito Emiliano has a complex group structure, with Credito Emiliano S.p.A. at its core. The bank is listed on the Italian Stock Exchange and is part of the FTSE MIB index.

The group's governance structure is characterized by a Board of Directors, which oversees the bank's overall strategy and direction. The Board is composed of 11 members, including the Chairman and the Chief Executive Officer.

The bank's ownership structure is also noteworthy, with a significant stake held by the Banca Monte Dei Paschi di Siena Group. This stake provides a level of stability and continuity to the bank's operations.

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Credito Emiliano has a diverse Board of Directors, with members ranging in age from 53 to 68.

The Chairman of the Board is Lucio Igino Zanon di Valgiurata, who has been in the role since -.

The Board of Directors includes several directors who have been serving since 1992 or 2005, with Enrico Corradi and Luigi Maramotti having joined the board in 1992 and 2005, respectively.

Here is a list of the Board of Directors:

Credem Group Structure is a complex network of companies, with Credito Emiliano SpA at its core.

Credito Emiliano SpA is the parent company, overseeing several subsidiaries, including Banca Euromobiliare SpA and Creacasa.

Banca Euromobiliare SpA is a significant player in the group, with its own asset management and fiduciary services arm, Euromobiliare Asset Management and Euromobiliare Fiduciaria.

Credem International (LUX) S.A. is a Luxembourg-based subsidiary, with its own office in Luxembourg City.

The group's head office is located in Reggio Emilia, Italy, at Via Emilia San Pietro 4, with a phone number of 0522 582 111.

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The Executive Committee of Credito Emiliano S.p.A. is led by three CEOs: Stefano Pilastri, Angelo Campani, and Stefano Morellini.

Each of these CEOs has a wealth of experience, with Angelo Campani being 61 years old and Stefano Morellini being 65 years old.

Paolo Tommasini serves as the Chief Administrative Officer, having taken on this role since 2007-09-12.

The Executive Committee is rounded out by Giuliano Cassinadri, who holds the position of Corporate Officer/Principal.

The Board of Directors at Credito Emiliano S.p.A. is made up of several key individuals, each with their own unique role and experience. Luigi Maramotti, for example, has been a Director/Board Member since 2005.

The Chairman of the Board is Lucio Igino Zanon di Valgiurata, who has held this position for an unspecified amount of time. This suggests a strong leadership presence within the organization.

One notable trend among the Board members is their age. Luigi Maramotti, Enrico Corradi, and Lucio Igino Zanon di Valgiurata are all 68 years old, indicating a group of seasoned professionals.

Here is a breakdown of the Board members' ages and tenure:

The Board also includes younger members, such as Giorgia Fontanesi, who is 53 years old, and Anna Chiara Svelto, who is 56 years old. This diversity in age and experience can bring different perspectives to the table.

Credito Emiliano's shareholders are a diverse group, with the largest shareholder being Credito Emiliano Holding SpA, which owns 79.47% of the company.

Credito Emiliano Holding SpA's valuation is a significant €3.198 billion.

The company has several other shareholders, including Fondazione Cassa di Risparmio di Cento, which owns 1.348% of the company and has a valuation of €54 million.

Mediolanum Gestione Fondi SGRpA and Arca Fondi SGR SpA are also shareholders, owning 0.3712% and 0.3658% of the company respectively, with both having a valuation of €15 million.

ANIMA Sgr SpA owns 0.3515% of the company, with a valuation of €14 million.

Credito Emiliano S.P.A. also has a smaller stake in itself, owning 0.21% of the company, with a valuation of $8.446 billion.

Other notable shareholders include GSK PLC, which owns 0.01% of the company, with a valuation of $4.224 billion, and ROLLS-ROYCE HOLDINGS PLC, which owns 0% of the company, with a valuation of $226,468.

Here's a breakdown of the top shareholders:

Credito Emiliano's business operations are designed to provide a wide range of financial services to its customers. The bank offers a variety of loans and credit products, including mortgage loans and personal loans.

The bank's operations are overseen by a team of experienced professionals, including a CEO who has been with the bank for over 20 years. This level of continuity and expertise helps to ensure that the bank's operations run smoothly and efficiently.

Credito Emiliano has a strong presence in the Italian market, with over 200 branches across the country. This extensive network allows the bank to provide its services to a large and diverse customer base.

Parmigiano Reggiano wheels are being used as collateral for debt by Credito Emiliano, a bank that's gained attention from major organizations like Forbes. This unconventional approach is backed by the fact that Parmigiano Reggiano cheese holds and even increases in value as it ages.

The value of Parmigiano Reggiano cheese is not just theoretical, it's a real-world phenomenon. As the cheese ages, it becomes more delicious and valuable, with the difference in quality being noticeable even after just 18 months.

Credito Emiliano is leveraging this unique characteristic to secure loans, rather than relying on traditional assets like gold. The bank's decision to use Parmigiano Reggiano wheels as collateral is a bold move that's generating interest in the financial world.

The case for Parmigiano Reggiano as collateral is supported by the fact that it's a high-value asset that can appreciate over time. According to Credito Emiliano, "Eighteen-month cheese gives pasta zing. Thirty-six-month cheese makes angels sing."

Sales by Activity is a crucial aspect of business operations, and Credito Emiliano S.p.A. is no exception. The company's sales have been steadily increasing over the years, with a significant jump in 2023.

Commercial Banking was the top-selling activity in 2023, with sales reaching $1.33 billion. This is a significant increase from 2022, when sales were $1.05 billion.

Private Banking started to show growth in 2023, with sales reaching $259 million. This is the first time we see sales for this activity in the data.

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Parabanking, Consumer Credit, and IT Technology also saw growth in 2023, with sales reaching $207 million. This is the first time we see sales for this activity in the data.

Asset Management sales have been fluctuating over the years, but 2023 saw a slight increase to $110 million.

Treasury sales peaked in 2020 at $182 million, but have since declined to $77.56 million in 2022.

Insurance sales made their debut in 2023, with $98.7 million in sales.

Corporate Center sales were minimal in 2023, but Other sales reached $85.46 million.

Here's a summary of the top-selling activities in 2023:

Credito Emiliano has a strong financial performance, with a net profit of 22 million euros in 2020. This is a significant increase from the previous year's net profit of 15 million euros.

The bank's revenue has been steadily increasing over the years, reaching 134 million euros in 2020. This growth can be attributed to the bank's expanding customer base and increasing market share.

In 2020, Credito Emiliano's operating expenses accounted for 63% of its revenue, resulting in a net profit of 22 million euros. This indicates that the bank is efficiently managing its costs.

The bank's financial performance is also reflected in its return on equity (ROE), which stood at 7.5% in 2020. This is a respectable figure, indicating that the bank is generating profits from its equity.

Credito Emiliano has a total of three CEOs, all with the title of Chief Executive Officer. Stefano Pilastri is one of the CEOs, but his age and start date are not specified.

Angelo Campani is another CEO, who is 61 years old. Stefano Morellini is the third CEO, who is 65 years old.

The company has three directors, all with the title of Director/Board Member. Luigi Maramotti is one of the directors, who has been serving since January 19, 2005, and is 68 years old. Enrico Corradi is another director, who has been serving since July 15, 1992, and is also 68 years old.