CDP plays its trump card on the markets: the first Investor Day in Milan, attended by over 150 leading figures from the world of finance
In the capital of Lombardy, an event to take stock of the current state of the Italian economy and open the doors to the group’s strategic subsidiaries
Key points
A policy statement setting out the group’s (and the country’s) priorities and, at the same time, a clear signal to the international markets. Cassa Depositi e Prestiti chose the main lecture theatre of the SDA Bocconi School of Management, in the heart of the Lombard capital, to host the first Investor Day in its history. It was an exceptional debut, with Cassa’s top executives – Chairman Giovanni Gorno Tempini and Chief Executive Dario Scannapieco – bringing together over 150 institutional investors, fund managers and representatives of the global financial community, ranging from US giants such as BlackRock, Goldman Sachs and Bank of America, to major players in the asset management sector such as Fidelity, Pimco, Amundi and Eurizon.
A star-studded line-up to take stock of the current state of the Italian economy and to open the doors to its strategic subsidiaries: and so, gathered round the same table, were the top executives and chief financial officers of numerous leading national companies, ranging from Eni to Poste Italiane, from Snam to Terna, including Italgas, Nexi, Fincantieri, Ansaldo Energia and Autostrade per l’Italia.
Gorno Tempini: we must act as a bridge between public priorities and private investment
The proceedings were opened by CDP’s Chairman, Giovanni Gorno Tempini, and its Chief Executive, Dario Scannapieco, who reaffirmed CDP’s strategic role in supporting the country’s development. Gorno Tempini explained, in particular, how this first Investor Day reflects the institution’s commitment to open dialogue on the challenges that are transforming the global economy, and went on to emphasise how the group can and must act ‘as a bridge between public priorities and private investment’, by leveraging “a widespread presence in strategic sectors” which forms the country’s true infrastructural and industrial backbone.
Scannapieco: over 550 institutional investors are participating in our issues
This positioning has seen the Cassa make significant strides in recent years in the area of market finance. CEO Dario Scannapieco went on to highlight that, since 2023, ‘the group has issued four Yankee bonds, further strengthening its presence on international markets, where there are now over 550 institutional investors participating in our issues’. The CEO then highlighted CDP’s pioneering role in sustainable and digital finance — from Italia’s first social bond to Europe’s first green bond launched using blockchain technology — before reiterating the purpose of the Milan-based initiative: to create, for the first time, a single platform where the financial community can interact directly with CDP and with the companies in which the group invests, with the aim of generating a lasting, long-term impact for the country.
Focus: from the green transition to strategic networks
The day comprised a packed programme of in-depth sessions and working meetings focusing on the most pressing issues for national competitiveness. The proceedings began with an analysis of the impact of artificial intelligence on business models and productivity, featuring contributions from Poste Italiane, Accenture and Cassa’s CFO, Fabio Massoli. Ample time was then devoted to the crucial issue of how to finance the energy transition, in a debate chaired by Gianfranco Di Vaio, Head of Investor, Co-Investor & Rating Agencies Relations at CDP, featuring the financial and strategic leaders of Eni and Snam, alongside analysts from Goldman Sachs and Eurizon.
