General Manager SACE Fct
In SACE since 2005, Paolo Alfieri currently has the role of General Manager of SACE FCT. He gained experience in General Electric, first in the management and recovery of international receivables in GE Oil & GAS, and subsequently in GE Capital Finance as operations manager of the factoring company. Previously, besides a short period as risk manager of Banque PSA Finance, he collaborated as a consultant with the Capitalia Group in the group’s credit management and recovery company.
In SACE since March 2019, he is currently Chief Communications Officer. After an important journalistic career, he worked - from 2000 to 2004 - on External Relations in Sicily for Cit Italia, before moving to Anas in 2007, of which he also became Head of Relations with National Media. He later joined Cassa Depositi e Prestiti where he held the position of Head of Reputation Management. At the beginning of 2018 he was called to Cir, the holding company of the Debenedetti's family, as Group Communication Director. He was also advisor in communication and institutional relations in the oil & gas, energy, infrastructure and energy markets sector. In 2022 he received the honor of "Cavaliere dell’Ordine al Merito" of the Republic of Italy.
He also carries out teaching activities as Adjunct professor and speaker in various programs of high managerial training at LUISS Business School and Link Campus University.
Michele De Capitani
Planning, Administration and Finance
Since March 2017 Michele De Capitani has been Chief Financial Officer of SACE. Previously he held roles of increasing responsibility in General Electric - in Italy and abroad -, he led the planning and control activities of FinecoGroup e Capitalia, and took on various roles in UniCredit Group, where he was responsible for planning and control in Germany, CEO of UniCredit Bank Ireland and, finally, Chief Financial Officer of UniCredit Bank Russia.
Marketing & Innovation
In SACE since 2017, he is currently Chief Marketing & Innovation Officer. Previously he worked for 14 years in the UniCredit Group, holding positions of increasing responsibility - in Italy and abroad. These include the leadership of Network Development & Optmization activities for the Central Eastern Europe Division, the responsibility of the Private Segment in Unicredit Bank Russia and Head of Products, Marketing and Multichannel of Bank Austria.
Legal and Corporate Affairs
In SACE since 2009, Rodolfo Mancini currently holds the role of Chief Legal Officer of SACE. Previously, for fourteen years he was part of the management team of Mediocredito Centrale (Unicredit Group) as Head of the Legal Service, Compliance and Corporate Affairs. At the start of his career he worked in Italian and foreign legal offices, gaining significant experience in structured finance and in capital markets.
Since January 2018 he has been responsible for Internal Auditing and a member of the SACE Supervisory Body. For twelve years at Cassa Depositi e Prestiti, as Head of Audit Planning and Execution, he coordinated the audits in all the companies of the group. He was also responsible for the Internal Audit of CDP Immobiliare, CDP Investimenti SGR and SIMEST. Previously he had experience in internal control in Banca Intesa and Dexia Crediop and in auditing in the financial sector.
General Manager SACE BT
In SACE since 1 April 2017 as Director General of SACE BT, Valerio Perinelli has twenty years’ experience in Euler Hermes, both in Italy and abroad. In the last two years he was Chief Executive Officer of Euler Hermes UK & Ireland, after being based in France for eight years as the head of the Commercial and Marketing division at global level of the World Agency, the Euler Hermes unit for multinational affairs and part of the Executive Committee of the company.
General Manager SACE SRV
Since July 2011 Valerio Ranciaro has been General Manager of SACE SRV. He has long experience in the insurance sector and, before taking on his current role, had managerial roles in SACE in the Compensation and Recovery Service and was deputy manager of the Portfolio Management and Restructuring Division.
Chief International Business Officer
With extensive experience in structured finance and export credit, Michal is the Chief International Business Officer of SACE, holding responsibility for the Group’s International Relations, Overseas Network and Political Credit Recovery.
She manages SACE’s active participation within the OECD and the EU, as well as the relationship with the peer group. Over the past 10 years, she has steered the expansion of SACE’s overseas network, supervising international underwriting generated by the 12 offices abroad. Her responsibilities also include all activities related to the Paris Club and other political recoveries.
Prior to her election as President, Michal sat on the Berne Union Management Committee for several mandates, also serving as Vice President from 2014 to 2016. During the same years, she led an outreach initiative between the Berne Union and the World Bank Group. In addition to her BU activities, from 2017 to 2020 Michal served as the first Secretary General of the International Working Group (IWG). From 2018 to 2021 she was the Vice Chairman of the Board of Directors of the African Trade Insurance Agency (ATI), here she currently holds an Alternate Director position.
Prior to working at SACE, she spent 10 years at Mediocredito Centrale (Head of Oil, Gas and Petrochemicals, Structured Finance) and 7 years with HSBC. With a Business Studies, Risk Management and Finance BSc Honors degree from City University Business School (London, renamed CAAS), Michal has worked in investment banking in several European countries and has been invited to speak in numerous conferences worldwide.
Research and Studies
Chief Economist of SACE, he has previously worked as an economist at the Confindustria Center of Studies and has collaborated with several Italian universities as part of master's programs by giving lectures on issues regarding international economics, Italian economics and country risk assessment.
He is a lecturer in Analysis of International Markets and Country Risk at the highly regarded School of Economics and International Relations of the Università Cattolica del Sacro Cuore and member of the Executive Council of the Business Economist Group. He graduated in Economics at the LUISS University of Rome, where he also worked as an assistant for Political Economy courses at the Faculty of Political Sciences.
In SACE since 2003, she is currently Chief Institutional Relations Officer, after a long experience in the origination and structuring of export credit and internationalization transactions. In SACE, she held various responsibility roles in the business and commercial area. Previously she worked in the export finance sector of HVB, Royal Bank of Scotland and Mediocredito Centrale. Since 2019 she has been a member of the General Council of Assocamerestero.
Resources, Organisation, Systems
In SACE since 2004, currently he is Chief Operating Officer. He gained a decade of experience in an ICT consulting firm, coordinating various initiatives mainly for the Fiat Group, Imi, Citibank and Alitalia. Subsequently, he held the role of Director of Applications Development at Euler Hermes SIAC. He was President of SACE BT from May 2016 to December 2019.