Banca Esperia CEO
BACKGROUND / Academic and professional background
After high school (Liceo Classico Zaccaria of Milan), Andrea Cingoli graduated in Business Economics from the Milan Bocconi University, obtaining a mark of 110 cum laude for a thesis on diversification strategies in oligopoly markets.
He began his professional career at Interbanca, dealing with medium to long-term loans to mid sized corporate companies.
In 1989, he took part in the start-up of Banca Internazionale Lombarda, the first Italian Wealth Management company, dealing with Financial Planning and Private Banking.
In 1996, he was hired as Vice-general manager by UBS Italia, a newly set-up company, charged with the responsibility of developing and managing the Team of Private Bankers.
In 2002, he became a member of the Board of Directors of UBS Italia as Vice-President and subsequently he was appointed President of the newly set-up UBS Fiduciaria. While there he dealt with the development of the Business Structure of the Bank with special focus in Lombardy, in the Northeast and in the South Centre.
In 2005, he was in charge of the Sales Management of UBS Italia dedicated to Key Clients throughout the national territory and in 2006 he was appointed deputy Key Client Manager of the South European, Middle Eastern and African areas.
Finally, in 2008, he took up the position of CEO of UBS Italia.
Since 22 April 2009, Andrea Cingoli has been the CEO of Banca Esperia.
ACHIEVEMENT/ What is the project/initiative/startup/company you will be presenting at the Positive Economy Forum all about ?
New instruments of positive finance to allow the householders’ wealth to be unlocked and used positively
LOCATION/ In which city, country, part of the world do you conduct your activities ?
IMPACT/ What is the positive economic, social, political, environmental…of the activity, project, initiative, startup, company ?
Positive finance instruments allow the enormous potential represented by householders’ wealth to be unlocked and used positively.
In particular, with the setting up of Investment Clubs, this wealth, which to date has tended to be used exclusively in investments in real estate or financial assets, can be channelled towards private initiatives, providing support with a view to facilitating their development over the medium and long term.
Among the more traditional forms of savings products, instruments such as philanthropic funds also constitute positive finance. These funds are able to combine meeting investors’ saving needs with the positive benefits which derive from financing various social interest activities.
QUOTE/ A saying, quote or reference phrase that tells something about you .