Merger of Cariplo and Banco Ambrosiano Veneto into BancaIntesa
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- This was the first big merger between banks in Italy; from this merger BancaIntesa was born that became one of the biggest banks in Italy
- The merger was relevant also because Italian banks were small compared to European competitors and not able to have an international presence.
- The project had a huge impact on all the areas of the banks, from IT infrastructure to Organisation, Marketing, Culture, etc.
- As a consequence of this project a “migration engine team” was created in order to allow the new born BancaIntesa to acquire other minor banks and absorb them into a larger more efficient company
Global PMI Partners project team
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