The candidates for new board members were designated by Cassa Despositi E Prestiti (CDP) the majority share holder of SIA S.p.A. The board unanimously agreed to appoint Mr. Federico Lovadina one of the newly on-boarded members as the new Chairman of SIA effectively immediately. Post the new additions and appointments, the current members who make up the board and their roles are:
- Federico Lovadina – Chairman
- Massimo Sami – Deputy Chairman
- Nicola Cordone – Chief Executive Officer
- Andrea Cardamone – Director
- Alessandro Garofalo – Director
- Fabio Massoli – Director
- Andrea Pellegrini – Director
- Salvatore Poloni – Director
- Giacomo Riccitelli – Director
- Francesco Silva – Director
- Carmine Viola – Director
The new board now made up of 11 members expressed their gratitude and appreciation for the work carried out by Mr. Asperti and outgoing directors over the years with competence and professionalism over the years and also welcomed its new directors.
To those unfamiliar with the firm, SIA S.p.A is a renowned firm European circle well known for its design, creating and management of technology infrastructure and services for wide range of financial institutions. CDP, the Italy based firm which designated the addition of new members is the major shareholder of SIA with ownership of 83.09% stake. The firm’s clients are mostly made up of central banks, corporates and public sector firms and deal in areas of payments, cards, network services and capital markets. While based out of Europe, it is a multinational firm with presence across many major economic hubs across the globe with clients from 50 countries and subsidiary offices located in many European and African market regions. In 2018, the firm reported managing institutional service transactions worth billion and carried 1.204 terabytes of data on its network.
Source:
https://in.linkedin.com/company/sia-s-p-a-
https://www.sia.eu/en/media-events/news-press-releases/sia-the-board-of-directors-appoints-federico-lovadina-as-the-new-chairman