Milan - Turin, 3 May 2024 Intesa Sanpaolo announces the new composition of the Board of Directors for isybank.

Francesco Profumo assumes the role of Chairman of isybank. Profumo’s previous roles include Dean of the Faculty of Engineering of the Turin Polytechnic University, where he served as Rector from 2005 to 2011; Chairman of the Compagnia di San Paolo from 2016 to 2024; Minister of Education, University and Research from 2011 to 2013; President of the Italian National Research Council (CNR) from 2011 to 2012; and Member of the European Innovation Council - European Commission from 2022.

Mario Boselli, Order of Merit for Labor recipient, a well-known entrepreneur in the textile sector who has held leadership roles in various business associations and currently serves as Chairman of Prestitalia, transitions from the chairmanship of isybank to Vice Chairman. Intesa Sanpaolo expresses its sincere appreciation to Mario Boselli for his significant contribution during his tenure as chairman.

Antonio Valitutti continues in his role as CEO, while Vanna Alfieri, Giampio Bracchi, Renato Cerioli, Achille Galdini, Paola Papanicolaou and Claudia Vassena remain on the Board of Directors of isybank.

Isybank, Intesa Sanpaolo's innovative digital bank, is a pivotal project of the Group’s 2022-2025 Business Plan, central to its customer service model and technological development strategy.

Through isybank, Intesa Sanpaolo provides customers with a platform featuring cutting-edge service levels and world-class technology, ensuring user-friendly and inclusive access. Isybank stands out among fully digital banks, leveraging the isyTech infrastructure, to position Intesa Sanpaolo as a leader in European innovation.

In addition to the convenience and efficiency characteristic of a fintech, isybank also offers a distinctive “human touch”, with the assistance and consultancy of around 3,000 client managers across 65 digital branches of the Intesa Sanpaolo Group throughout Italy.

Carlo Messina, CEO of Intesa Sanpaolo, commented: “Under the chairmanship of Francesco Profumo, isybank stands to gain from his strong skills, extensive experience, and focus on innovation with a global outlook. This aligns perfectly with our standing as a European leader, including in technology, owing to our significant investments totaling €3 billion since 2022.”

Intesa Sanpaolo

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