Mediobanca Names Francesco Grosoli to Lead Private Banking Unit Amid Strategic Reorganisation

Francesco Grosoli will lead the private banking division at Mediobanca following a major takeover. This move is a key part of a plan to expand international reach.

Insights:
A source close to the matter reported that francesco grosoli will become the head of the private banking business at Mediobanca Banca di Credito Finanziario S.p.A. . francesco grosoli, who currently serves as the chief executive officer of the bank's Compagnie Monégasque de Banque (CMB) based in Monaco MCMC, joined Mediobanca Banca di Credito Finanziario S.p.A.in 2019. This appointment is being described as the initial step in a broader reorganisation of the bank's operations in Italy ITITand abroad.
A logo of Mediobanca is seen in Milan, Italy, November 8, 2019. REUTERS/Flavio Lo Scalzo/File Photo
A logo of Mediobanca is seen in Milan, Italy, November 8, 2019. REUTERS/Flavio Lo Scalzo/File Photo
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