Rome-headquartered Banca Agrileasing has appointed a new
director general.

The management board of Italy’s fourth biggest lessor has
unanimously chosen Enrico Duranti as the company’s new head.

He replaces Lamberto Cioci, who has been the company’s director
general for over 11 years and vice director general for an
additional 11 years.

Mr Duranti previously worked within the corporate finance
department of Bank of America and of Sofipa-Gruppo Mediocredito
Centrale.

He joined Banca Agrileasing’s parent Banche di Credito
Cooperativo (BCC) in 2001 as MD of BCC Capital, which merged with
Agrileasing in 2005.

Banca Agrileasing is the leasing company for BCC’s client base.
The banking network covers 430 banks with a total of over 4,000
branches across the country.

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Last year, the lessor totalled over €2.22 billion of new
business.

Antonio Fabrizio