Alberto Nagel

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Alberto Nagel (Milan, 7 June 1965) is an Italian banker and business executive who is CEO of Mediobanca. 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. 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, to create the first Private & Investment Bank in Italy. 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. Alberto Nagel was reappointed as CEO by the shareholders of Mediobanca at the Annual General Meeting held in October 2023, and is now the longest-serving CEO of any bank included in the FTSE MIB index.