Banca Ifis, three-year plan on NPL completed. Katia Mariotti moves to AMCO

Banca Ifis three year plan on NPL completed Katia Mariotti moves

(Finance) – Ifis Banka group active in specialty finance and listed on Euronext STAR Milan, announced that Katia Mariotticurrent Head of the NPL Department, has completed the three-year industrial plan of the NPL Department, and from next August 3, 2024 will undertake a new professional position at AMCOa company owned by the Ministry of Economy and Finance and a primary operator in the management of impaired loans.

Without prejudice to the strategic nature of the NPL activity for the group, the bank’s policy envisages, in fact, new directions for growth which will be the subject of the next 2025-2027 Industrial Plan. In this context, Luca Lo Giudice, President of Ifis Npl Servicing and Ifis Npl Investing, will see his coordination activities between these two companies expanded. With the aim of guaranteeing full operational continuity, the role of CEO of Ifis Npl Investing will be assumed on an interim basis by Frederik Geertman, CEO of Banca Ifis.

Mariotti’s resignation will be effective from the day following the approval of the consolidated half-yearly report of the Banca Ifis group as of 30 June 2024. Furthermore, with effect from that date, Mariotti will renounce the role of Director and CEO of Ifis Npl Investing, of Revalea and as a member of the Board of Directors of Ifis Npl Servicing. Mariotti is holder of 7,839 ordinary shares of Banca Ifis.

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