Luigi Lovaglio

Luigi Lovaglio has been Chief Executive Officer and Managing Director of Banca Monte dei Paschi di Siena as of February 2022.

From March 2019 to June 2021, he served as CEO and Managing Director of Credito Valtellinese Spa, after holding the position of Chairman from 15 October 2018 to 25 February 2019.

He has worked in the banking sector for over 40 years, most of them spent in the leading international banking group, UniCredit, which he joined in 1973. During next 20 years he held a number of management positions of increasing responsibility, leading different commerciaI business areas across Italy for more than 10 years.

In 1997, he was appointed Head of Group Planning and Strategy at Credito Italiano, where he was involved in the process of merging the newly-acquired banks that gave rise to todays' UniCredit Group. Two years later, in 1999, in view of his broad experience in mergers, he was appointed Head of Foreign Banks Group Planning becoming one of the key founders of New Europe Division, aiming at the development of the UniCredit Group in CentraI and Eastern Europe.