Massimo Tononi
Massimo Tononi | |
|---|---|
| Born | August 22, 1964 Trento, Italy |
| Occupation(s) | Financier, Political figure |
| Known for | Chairman of Banco BPM |
Massimo Tononi (born 22 August 1964) is an Italian financier and political figure, presently serving as the Chairman of Banco BPM.
Biography
Tononi was born in Trento, Italy, into a family with notable public figures: his father is politician Giorgio Tononi, and his brother is the neuroscientist Giulio Tononi. He earned a degree in economics from Bocconi University in 1988. His professional journey started at Goldman Sachs in London, where he worked from 1988 to 1993. Subsequently, he returned to Italy to act as Personal Assistant to Romano Prodi during Prodi’s tenure as President of the Istituto per la Ricostruzione Industriale (IRI). After Prodi’s departure from IRI in 1994, Tononi resumed his career at Goldman Sachs, taking on roles as Partner and Managing Director in both London and Milan between 1999 and 2005.
In May 2006, Tononi entered Prodi’s second government as Treasury Undersecretary at the Ministry of Economy and Finance, a position he held until 2008. Prior to this appointment, he contributed €100,000 to Prodi’s electoral campaign that year. In 2007, Tononi became involved in a dispute concerning the Italdel-Siemens merger. Following the fall of Prodi’s administration in 2008, he went back to Goldman Sachs as Partner and Managing Director until July 2010, later transitioning to an advisory director role.
Throughout his career, Tononi has occupied numerous board memberships: since 2010 he has been a Director at Mittel S.p.A. and Mittel Private Equity SpA; from June 2010, a Board Member at Sorin SpA; starting July 2010, an Independent Director at Prysmian S.p.A.; from September 2010, an Independent Non-Executive Director at London Stock Exchange Group plc; and beginning November 2010, a Non-Executive Director at Borsa Italiana S.p.A. He was named Chairman of Borsa Italiana in June 2011 and took on the role of Chairman at Prysmian S.p.A. in April 2012.
Tononi stepped down from Borsa Italiana’s board in August 2015 and was subsequently appointed President of Monte dei Paschi di Siena in September that year. He resigned from Monte dei Paschi’s board in September 2016 after the CEO left the company, with Alessandro Falciai succeeding him as President.
He also served as an independent director at Mediobanca between April and July 2018 and at Quaestio Capital Management SGR from April to October 2017. From July 2018 until October 2019, Tononi held the chairmanship of Cassa Depositi e Prestiti. Since April 2020, he has been leading Banco BPM as its Chairman.