Alberto Nagel

Alberto Nagel
Born (1965-06-07) 7 June 1965 (age 59)
NationalityItalian
CitizenshipItaly
OccupationCEO of Mediobanca

Alberto Nagel (Milan, 7 June 1965) is an Italian banker and manager who is CEO of Mediobanca.[1][2]

Alberto Nagel has spent his whole working life at Mediobanca. Nagel has led the bank through its entry to international markets, and driven a transformation of its business model. The bank today is focused on Wealth Management services, which it provides with its Corporate & Investment Banking division.[3] Following the changes that have taken place in the global banking sector since th 1990s, Nagel’s focus has been geared towards moving beyond the holding company model by increasing the group’s diversification and specialization,[4] to create the first Private & Investment Bank in Italy.[5][6]

The transformation of Mediobanca has emerged most clearly during the most recent decade of Alberto Nagel’s leadership (2013-23), during which the bank has delivered a total shareholder return of 270%, as a combined result of both an approx. 160% increase in stock market price and €4bn in dividends returned to shareholders, without having to implement rights issues or capital increases unlike many other Italian banks during the financial crises.[7]

Alberto Nagel was reappointed as CEO by the shareholders of Mediobanca at the Annual General Meeting held in October 2023,[8] and is now the longest-serving CEO of any bank included in the FTSE MIB index.[9]

  1. ^ "Alberto Nagel, Chief Executive Officer, Gruppo Mediobanca". 27 March 2017. Retrieved 27 May 2018.
  2. ^ "Alberto Nagel, Mediobanca – Profile & Biography". Bloomberg. Retrieved 27 May 2018.
  3. ^ Bultrini, Bogdan (17 December 2023). "Alberto Nagel, il CEO della trasformazione di Mediobanca. Il titolo azionario vale oro". Economia - Investireoggi.it (in Italian). Retrieved 7 May 2024.
  4. ^ "Mediobanca, pronti due miliardi per le acquisizioni". La Stampa (in Italian). 28 December 2018. Retrieved 7 May 2024.
  5. ^ Tognini, Giacomo. "Inside Mediobanca, The Investment Bank Making Record Profits Taking Italy's Biggest Brands Public". Forbes. Retrieved 7 May 2024.
  6. ^ Ballone, Andrea (4 April 2024). "Mediobanca, la terza vita grazie ad Alberto Nagel". Economy Magazine (in Italian). Retrieved 7 May 2024.
  7. ^ Finanza, MF Milano (15 September 2023). "L'oro della Mediobanca di Nagel: ecco il rendimento stellare che ha garantito ai soci negli ultimi dieci anni - MilanoFinanza News". MF Milano Finanza (in Italian). Retrieved 7 May 2024.
  8. ^ "Mediobanca, vince la lista del cda. Nagel: «Contenti che Delfin partecipi, salutari e utili le voci critiche»". Il Sole 24 ORE (in Italian). 28 October 2023. Retrieved 7 May 2024.
  9. ^ "Alberto Nagel tra i top manager più longevi del FTSE MIB". Money.it (in Italian). 18 December 2023. Retrieved 7 May 2024.

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