Michele Formenti

Michele Formenti joined ALEXBANK in September 2020 as Chief Financial Officer and Executive Committee member.

Formenti’s career first started in 2004 when he joined Intesa Sanpaolo Group, he worked in Italy, East Europe and Egypt. His journey with ALEXBANK started back in 2009 as Head of Risk Management. He was responsible for Credit Risk, Financial Risk, Enterprise Risk, Internal Validation, Credit Control, Policy and Methodology.

Before the second assignment in ALEXBANK, Formenti was the Head of Value Management at Intesa San Paolo (International subsidiaries banking division), he was responsible for Cost of Risk, Assets Optimization, Capital Management and Liquidity Management among other responsibilities.