MILAN (Reuters) - Intrum Italy, a credit manager which is majority owned by Sweden's Intrum with bank Intesa Sanpaolo (BIT:ISP) holding the remaining 49%, has named Enrico Risso as chief executive, it said on Tuesday.
Risso, formerly at State Street (NYSE:STT) and McKinsey where for 12 years he oversaw projects concerning non performing loans (NPL) co-leading the NPL global service line, became Intrum's general manager in July 2023.
He replaces Alberto Marone, a former UBS banker who had been appointed in 2021.
Intrum confirmed long-standing Intesa (LON:0HBC) executive Giovanni Gilli as chairman of the board, whose deputy chairman is Massimo Della Ragione, a former Goldman Sachs (NYSE:GS) banker and current Professor of Practice in Investment Banking at Milan's Bocconi University.