Claudio Costamagna
Claudio Costamagna | |
|---|---|
| Born | April 10, 1956 Milan, Italy |
| Occupation(s) | Banker, entrepreneur |
| Known for | Chairman of Cassa Depositi e Prestiti (2015–2018), founder and chairman of CC & Soci Srl |
Claudio Costamagna (born 10 April 1956 in Milan) is a prominent Italian banker and entrepreneur. He held the position of chairman at Cassa Depositi e Prestiti from July 2015 until July 2018.
Currently, Costamagna leads CC & Soci Srl as chairman and serves on the board of FTI Consulting, a publicly traded business advisory company on the NYSE. His board memberships also include Finarvedi, the holding entity of the Arvedi Group, Italiana Petroli, and Salini Costruttori—through which the Salini family exercises control over Webuild, a major Italian construction firm.
Biography
Born in Milan in 1956, Costamagna completed his early education at the Ecole Européenne in Brussels before obtaining a degree in business economics from Università Commerciale Luigi Bocconi in 1981. He started his professional journey in financial control at Citibank, then transitioned to Montedison in 1985 as Head of Corporate Finance.
In 1988, he joined Goldman Sachs as head of Investment Banking for Italy and subsequently advanced to Country Head and Chairman for Italy. By 1999, he had become Co-Head of Investment Banking for the EMEA region and was part of Goldman Sachs' European Management and Global Partnership Committees. He led the Investment Banking division for EMEA as chairman from 2004 until his exit in 2006.
Costamagna founded CC & Soci, a financial advisory firm, in 2006 and continues to serve as its chairman. In 2011, he established Advise Only, which focuses on personal finance and online asset management consulting. Between 2012 and January 2018, he chaired AAA-Advanced Accelerator Applications, a European pharmaceutical company specializing in nuclear medicine diagnostics and therapeutics; this firm was acquired by Novartis for $3.9 billion. Additionally, he was chairman of Salini-Impregilo, Italy’s foremost infrastructure construction group, from 2012 to July 2015. In 2021, alongside Alberto Minali, he co-founded an Italian SPAC aimed at the insurance industry.
Throughout his career, Costamagna has held directorships at several companies listed on the Italian Stock Exchange, including Luxottica, Bulgari, Il Sole 24 Ore Group, Autogrill, and DeA Capital. His board experience also extends to Virgin Group Holding and Reuters Breakingviews.
Recognitions
Costamagna was honored as “Bocconi Alumnus of the Year” by ALUB—the alumni association of Università Commerciale Luigi Bocconi—in 2004. In May 2017, he was awarded the distinguished Guido Carli prize.