(Alliance News) - Borsa Italiana has entered the fray of springtime leadership changes. According to Reuters, Cassa Depositi e Prestiti has written to Euronext – of which it is a shareholder alongside its French and Belgian counterparts – to request the replacement of Borsa CEO Fabrizio Testa, who has held the position since 2021 following the transition from the London Stock Exchange to the pan-European group.
The mandate expires with the approval of the 2025 financial statements. No comment has been issued by either CDP or Borsa.
Piazza Affari is regarded as a strategic asset by the government, in part due to the presence of MTS, a key platform for trading government securities.
Meanwhile, in 2025, the capitalization of the Italian stock market reached a record EUR1.077 trillion, buoyed by rising share prices. Since 2022, measures have been introduced to facilitate listings, and a manifesto for the development of the capital market has been launched, which also includes a fund of funds of up to EUR1.5 billion to support SMEs and attract Italian institutional investors.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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