SACE to invest €111 bn over five years to double number of SMEs with international exposure

Jan 28, 2017 707

BY: Celestina Dominelli

The new pole of exports and internationalization formed from the integration of credit export insurer SACE and trade agency SIMEST, combined with the new export finance activities of Italian state holding company CDP, could have several strings to its bow, as outlined in its new industrial plan. This is the outlook explained to Sole 24 Ore-ItalyEurope24 by SACE Chief Executive Alessandro Decio.

After experience in the European Bank for Reconstruction and Development, McKinsey and UniCredit, which he joined in 2000, covering various roles in different countries over 15 years, Decio most recently worked at Ing Bank Italia, before taking over at the helm of the CDP-owned company last June.

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