illimity Bank S.p.A. (0A3J.IL)

4.4650 -0.0170 (-0.38%) At close: 01:48PM BST

illimity Bank S.p.A.

Via Soperga 9
Milan, MI 20124
Italy
39 02 82 84 90 00
https://www.illimity.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 886

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Corrado Passera	Founder, CEO & Director	768.75k	N/A	N/A
Ms. Silvia Benzi	Chief Financial Officer	N/A	N/A	1975
Mr. Sergio Fagioli	Head of Admin., Accounting & Control	N/A	N/A	N/A
Mr. Fabiano Lionetti	Head of Investment Banking Division	N/A	N/A	N/A
Mr. Filipe Teixeira	Chief Information Officer	N/A	N/A	N/A
Mr. Fabio Pelati	Head of IR & Sustainability	N/A	N/A	N/A
Mr. Giovanni Lombardi	Gen. Counsel	N/A	N/A	N/A
Mr. Francesco Martiniello	Chief Compliance & AFC Officer	N/A	N/A	N/A
Ms. Vittoria La Porta	Chief Communication & Marketing Officer	N/A	N/A	N/A
Mr. Marco Russomando	Chief of Human Resource & Organization Officer	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. The company operates through four divisions: Distressed Credit, Growth Credit, Investment Banking, and b-ilty. The Distressed Credit division is involved in the purchase of secured and unsecured corporate distressed loans on primary and secondary markets; provision of financing services primarily in the form of senior financing to investors in distressed loans; and management of corporate non-performing loans portfolios and underlying assets. The Growth Credit division is involved in the financing of the supply chains of the operators of Italian chains and industrial districts through the activity of recourse and non-recourse purchasing of customers' trade receivables; and financing to businesses; and financing solutions for acquisition activities. It also engages in the purchase of loans that are classified as unlikely-to-pay. The Investment Banking division operates in capital markets; implements complex financial transactions for the bank and companies; and provides corporate solutions, which invests in corporate bonds and alternative debts, as well as offers solutions to SMEs and Mid Caps to hedge market risks. The b-ilty division offers digital banking and lending products and services to business customers. Its products include deposits and current accounts; and account aggregator services, as well as digital credit and insurance products. The company also manages the assets of closed end alternative investment funds, own funds, and third-party institutional investors funds. illimity Bank S.p.A. is headquartered in Milan, Italy.

Corporate governance

illimity Bank S.p.A.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.