He is Chief Executive Officer and Director General of Cassa Depositi e Prestiti S.p.A. He has an honours degree in Economics and Commerce from La Sapienza University in Rome. He began his career at the London offices of Morgan Stanley, in the Investment Banking Division. In 1998 he continued his career with McKinsey & Company, specialising in operations for the reorganisation, transformation and revitalisation of major industrial and financial groups. In 2005 he began his experience in the Fincantieri Group, where he held several top positions, including the post of Director of Business Development and Corporate Finance, reporting directly to the Managing Director, subsequently taking on the role of Chief Financial Officer (2006-2014) and Deputy Director General (2011-2014). In 2014 he joined the Cassa Depositi e Prestiti, where he held the position of Chief Financial Officer, before being nominated CEO in 2018. Fabrizio Palermo is also currently Managing Director of CDP Reti S.p.A., a member of Board of Directors of Fincantieri S.p.A., and Co-Chairman of the Italy-China Business Forum. Since 2017 he has been on the Italo-French Committee for the proposed alliance between Fincantieri and Naval Group, directed at the creation of a European shipbuilding joint venture. During his career he has also been Chairman of the Board of CDP Equity S.p.A., a member of the board of Fincantieri USA Inc., Vard Group AS, Vard Holdings Limited, Open Fiber S.p.A., Risparmio Holding S.p.A., Equam S.p.A., and a member of the Investment Committee of the Italian Recovery Fund and the Investment Committee of the Atlante fund.