Bancomat SpA: Alessandro Zollo new Chief Executive Officer

The Board of Directors of BANCOMAT SpA, which met under the chairmanship of Prof. Franco Dalla Sega, unanimously appointed dr. Alessandro Zollo Chief Executive Officer and General Manager of the Company.

To Alessandro Zollo - 57-year-old executive manager who boasts a long experience of over thirty years in the banking sector and in particular in payment services (gained in various and prestigious companies in the sector such as ABI, financial institutions and strategic consulting companies) - the powers were assigned to guide the growth strategy of the Domestic Circuit, implementing the 2018/20 Business Plan aimed at expanding and digitizing the offer of payment services for Banks, Consumers, Companies and Public Administration, against approximately 40 million investments in innovation, skills, technological and commercial partnerships.

"BANCOMAT SpA has great potential for development, and in order to successfully face the challenges and opportunities that will arise in the coming months, it requires managerial figures to guide the new course dictating the times and accelerating the path of strategic renewal. We chose Alessandro Zollo - states the President of the Sega - because we believe it is the right person to relaunch the Italian payment services infrastructure and drive the growth of the Company, which must strengthen its positioning on the market and develop a business model that is comparable to its main competitors. The new Chief Executive Officer, thanks to his skills and in particular to his deep knowledge of the Domestic Circuit, will be able to pursue the most suitable strategies for the implementation of the Business Plan, focusing on historical assets such as brand strength, circulation, acceptance and security of the Circuits BANCOMAT® and PagoBANCOMAT®".

"BANCOMAT SpA - said Alessandro Zollo - has a very ambitious Business Plan, both in terms of growth and development of new services. The big challenge will be to change the pace, accelerate the renewal processes and give priority to the digitalization of the offer, the renewal of the brand to support the spread among Italians of the culture of digital payments, the digitization of the Public Administration and the acceleration of the fight against cash, supporting banks with a payment instrument that can be used for each type and amount of payment. " The new CEO also declared: "I have agreed to lead this company, alongside the President, the Vice President, the entire Council and the Deputy General Manager Sergio Moggia, because I am sure of his potential and the successes that will derive from it; together with my new colleagues we will put every effort into play to be protagonists of this change, strengthening the positioning of BANCOMAT SpA, supporting the Banks in proposing a competitive offer to be made available to customers, cooperating for the quick entry into the world digital and enhancing Italian excellence in the payment landscape. "

Insights

BANCOMAT SpA - which for over thirty years has been managing the most widespread and well-known domestic withdrawal and payment circuits in Italy, identified respectively by the BANCOMAT® and PagoBANCOMAT® brands - is highly representative of the Italian banking sector in the domestic payment scenario, both in of the shareholding structure - made up of 130 partner banks - both for the significant volumes with more than 37 million BANCOMAT® and PagoBANCOMAT® cards in circulation, 87 billion euros in payments and over 1 billion euros of operations carried out on POS on an annual basis (equal to 83% of the debt market in Italy).

 

Bancomat SpA: Alessandro Zollo new Chief Executive Officer