Francesco Grosoli | |
---|---|
Education | University of Nice |
Occupation | Businessman |
Title | CEO of CMB Monaco |
Term | 2019 - present |
Francesco Grosoli is an Italian businessman, and the CEO of CMB Monaco since 2019. [1] He is living in the Principality of Monaco since 1975.
After studying Economics at the University of Nice, [2] in 1989 he was hired at the Monegasque branch of the BSI - Banca della Svizzera Italiana (Grosoli is residing in the Principality of Monaco since 1975). [1] [3]
In 1997 he was hired at the Republic National Bank of New York (later to become HSBC) where he covered various roles until he became responsible for Private Banking. [4] In 2007 he joined the Barclays group as CEO of Barclays Monaco and in 2015 he was then appointed CEO Wealth & Investment Management Europe; in 2016 he became CEO Private Bank EMEA. [5] [6] In 2019 he was appointed CEO of CMB Monaco [7] and his management immediately focused on the renewal and internationalization of the bank. [8] [9]
From 2009 to 2019, Grosoli has been member of the Board of Directors of AMAF (Association Monégasque des Activités Financières); [10] in 2021, he was appointed member of the Conseil Économique, Social et Environnemental (CESE). [11] Grosoli has been promoted at the grade of Officer of the Order of Saint-Charles in November 2021. [12]
Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is bordered by France to the north, east and west. The principality is home to 38,682 residents, of whom 9,486 are Monégasque nationals; it is widely recognised as one of the most expensive and wealthiest places in the world. The official language of the principality is French. In addition, Monégasque, English and Italian are spoken and understood by many residents.
The politics of Monaco take place within the framework of a constitutional monarchy, with the Prince of Monaco as head of state, with some powers devolved to several advisory and legislative bodies.
The economy of Monaco is reliant on tourism and banking. Monaco, situated on the French coast of the Mediterranean Sea, is a popular resort, attracting tourists to its casino and pleasant climate.
Banco Ambrosiano was an Italian bank that was established in 1896 and collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi, and his membership in the illegal former Masonic Lodge Propaganda Due. The Vatican-based Institute for the Works of Religion, commonly known as the Vatican Bank, was Banco Ambrosiano's main shareholder. The Vatican Bank was also accused of funnelling covert United States funds to the Polish trade union Solidarity and to the Nicaraguan Contras through Banco Ambrosiano.
Louis II was Prince of Monaco from 26 June 1922 to 9 May 1949. A maternal third cousin of Princess Alice of Battenberg, the mother in law of Queen Elizabeth II.
Albert II is Prince of Monaco, reigning since 2005.
Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry. Cuccia led Mediobanca from 1946 to 1982. Today, it is an international banking group with offices in Milan, Frankfurt, London, Madrid, Luxembourg, New York and Paris.
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.
Marco Piccinini is a Monegasque sport personality, businessman, and politician.
BSI had been the oldest bank in the Swiss canton of Ticino until its integration into EFG Bank and the following renaming into EFG, which took place in 2017. Founded in 1873 in Lugano as the Banca della Svizzera Italiana, BSI was an institution that specialises in asset management and related services for private and institutional clients. In 1998, the bank became part of the Italian Generali group, one of the world's biggest insurance companies. In July 2014, Generali sold BSI to BTG Pactual for US$1.7 billion, a deal that CEO of the bank, André Esteves stated would make BTG Pactual a “global player in the asset management arena.”
CFM Indosuez Wealth Management was established in 1922 under the name Crédit Foncier de Monaco.
CMB Monaco an international private bank based in Monaco. Established in March 1976 by Banca Commerciale Italiana and its partners, CMB is today wholly owned by Mediobanca, an Italian investment bank.
Enrico Braggiotti was a Turkish-born Monegasque banker.
Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group. The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont.
Claudio Marzocco is an Italian engineer and businessman. He is the chief executive officer (CEO) of Groupe Marzocco, one of the leading real estate development companies in Monaco.
Guillaume Rose is a Monegasque politician. Since 2018, he is a member of the National Council of Monaco and the President of the Environment and Quality of Life Commission. Since 2019, he is also an Executive Director General of the Monaco Economic Board.
The Monegasque Tennis Federation is the governing body for tennis in Monaco. It was founded in 1927 and is responsible for organizing, coordinating and promoting tennis in Monaco. The Federation organizes its own national championships and appoints the managers of the Monaco Davis Cup team. FMT is responsible for the organization of the Monte-Carlo Masters every year in April, as well as the Davis Cup matches. The FMT uses the same ranking system as the French Tennis Federation.
Conscription in Monaco existed during a brief time between 1848 and 1870 when the Monégasque Militia was active. Since then, Monégasque citizens have been exempt both from conscription and direct taxation.
Holy See–Monaco relations are bilateral relations between the Principality of Monaco and the Holy See. The principal Monégasque official is Ambassador Claude Giordan, who officially started at his position in November 2015. The Holy See is represented by its Apostolic Nuncio, Archbishop Antonio Arcari, who assumed office on May 25, 2019. The Embassy of Monaco to the Holy See is located in Rome, on Largo Spinelli. The Apostolic Nunciature to Monaco is non-residing as the nuncio currently resides in Rome.