BANCOMAT: finalized the entry of FSI into the capital. Fabrizio Burlando is the new Chief Executive Officer

BANCOMAT and FSI announce the closing of FSI’s investment in BANCOMAT and the appointment of the new Chief Executive Officer and Board of Directors

BANCOMAT and FSI announce the completion of FSI’s investment in BANCOMAT and the appointment of the Company’s new Chief Executive Officer and Board of Directors.

Following the investment, FSI has become the Company’s largest shareholder, with a 42.9% stake. Together with the banks that are parties to the shareholders’ agreement (Intesa Sanpaolo, Iccrea Banca, Banco BPM and BPER), they collectively hold 74.7% of the Company.

The Company has appointed a new Board of Directors, as well as Fabrizio Burlando as its new Chief Executive Officer and General Manager.

Fabrizio Burlando (born in 1974) is an Electronic Engineer with an MBA from INSEAD and further specializations from Yale and the London School of Economics. He brings twenty years of experience in the digital payments sector, including the past 16 years at Mastercard, where he held positions of increasing responsibility and leadership at global level, with a focus on data platforms, value-added services (VAS), and supporting the development of banking clients and users worldwide.

Fabrizio Burlando succeeds Alessandro Zollo at the helm of BANCOMAT. The Company extends its sincere thanks to Alessandro Zollo for his contribution and leadership since 2018.

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