CEO Barclays Italy, Head of Banking Italy and Central Eastern Europe Former Head of Automotive EMEA
Enrico Chiapparoli Enrico is currently Barclays Italy CEO and Head of Banking for Italy and Central Eastern Europe, after leading the EMEA Automotive group for over 5 years. Prior to that, he was a founding partner at CMC Capital Limited, a London and Milan based corporate finance boutique, founded in 2012 and successfully exited in 2016, when all senior partners joined Barclays. Prior to founding CMC Capital, he was Head of Investment Banking Italy and Chairman of EMEA Automotive at Bank of America Merrill Lynch. He started his career at Merrill Lynch in 1995 and worked in Milan, London, Singapore and Seoul. In his over 25 years’ career, he advised many Italian and international clients on M&A projects or strategic financing transactions. He led transactions worth over $100bn for companies such as A2A, Advent, Apax, Aston Martin, Atlantia, Autogrill, Avis Europe, Bain Capital, Benetton Group, Buzzi, Cascades, Carlyle, CNHI, De Agostini, DoValue, ENEL, Exor, F2i, Ferrari, FCA, Geely, Geox, Hera, Hyundai Electronics, Italcementi, Italo, Leonardo, Nexi, Permira, Pirelli, STMicroelectronics, Traton, Unicredit, Volkswagen, Volvo Cars and Italy’s Treasury. Enrico is a non-executive Director at Italian Angels for Growth (IAG), Italy’s largest network of business angels, and a member of Angels4Women, a business angel community dedicated to women-led startups. He has invested in over 25 start-up companies and won Italy’s Business Angel of the Year 2020 award from Club degli Investitori. Between 2015 and 2019, he also chaired a group of US real estate companies to execute a $600m voluntary winding-up pursuant to an agreement with Italian creditor banks. In that period, he was also a Professor of Entrepreneurial Finance at LUM Jean Monnet University. He regularly lectures at Bocconi University on M&A and corporate finance. He also co-authored “Mergers & Acquisitions”, a college textbook on the subject. He is part of AIBE’s Executive Committee, ABI’s General Council and a member of Aspen Institute Italy and The European House Ambrosetti. He holds a BSc degree in International Economics from Bocconi University and attended the General Management Program at Harvard Business School
Moderator: Dario Donato, Journalist Mediaset TGCOM 24
The impact of the war in Ukraine, the commodity crisis, and the pandemic have shown how it is necessary for companies in the industry to invest in technology, data analytics, but also in the evolution of the supply chain in terms of technology that can provide predictive analysis as well as timely resolutions to disruptions in the chain. The first mission of the NRP includes investments in innovation and digitization. In this context, "Transition 4.0" is also defined, consisting of a plan of incentives implemented through tax credits that will cover research and development activities but also in innovative technologies and digital skills in the private sector. What role does open innovation play in this context? How do large companies interpret these phenomena and how do they capitalize on them?
In the last 12 months we have seen the tech market lose a lot of value (Tesla -50%, Google -25%, Twitter ?...), linked on the one hand to the geopolitical situation, on the other hand to the recession (due to inflation, cost of finance, scarcer capital, decline in valuations, M&A activity, decline in availability of capital for Open Innovation).