Fabrizio Viola Explained

Fabrizio Viola (born in 1958 in Rome) is an Italian banker.

Biography

Fabrizio Viola is a graduate in business administration from the Bocconi University.^[1]

From 1990 to 2011, he held various positions at the IMI Group, the Fondiaria Group and the Banca Popolare di Vicenza. From 2004 to 2008, he was the CEO of the Banca Popolare di Milano.

From May 2012 to 2016, he was the CEO and general manager of Banca Monte dei Paschi di Siena, the oldest bank in the world.^{[2] [3] [4]} He was later employed by Banca Popolare di Vicenza as CEO and sister bank Veneto Banca as director. After the banks were in liquidation, Viola was assigned as one of the liquidator. In February 2018, he became a senior advisor for the Boston Consulting Group.

Starting in 2015, he was under investigation for alleged false accounting and market manipulation during his tenure as CEO of Banca Monte dei Paschi di Siena.^[5] He 2020, he was found guilty of those charges.^[6]

Notes and References

1. News: 2018-02-08 . Fabrizio Viola entra in The Boston Consulting come senior advisor . it . Italia Oggi . 2022-11-02.
2. Web site: Fabrizio Viola . Fabrizio Viola: Executive Profile & Biography - Businessweek . 2015-05-13 . Bloomberg.com.
3. Web site: 2013-02-15 . Monte dei Paschi’s ex-finance chief arrested in Italian probe | City A.M . 2015-05-13 . Cityam.com.
4. Web site: Monte dei Paschi shareholders approve capital increase . 2015-05-13 . Telegraph.co.uk.
5. Web site: Ognibene . Silvia . The CEO of the world's oldest bank is reportedly under investigation for market manipulation . 2022-11-02 . Business Insider . en-US.
6. Web site: Ex-Monte Paschi Chairman, CEO Convicted of False Accounting (3) . 2022-11-02 . news.bloomberglaw.com . en.