Borsa Italiana recently announced that its Board of Directors has acknowledged the resignation of Andrea Sironi, the Chairman of the Board, effective from 27 April 2022. In an effort to run the operations smoothly, the Board has decided to appoint current Deputy Chairwoman, Claudia Parzani, as Chairwoman effective 27 April 2022.
Additionally, the Board of Directors of Borsa Italiana and Euronext thanked Andrea Sironi regarding his efforts for the expansion of Borsa Italiana during the last 6 years. Euronext mentioned that Sironi’s efforts played an important role in the strong growth of Borsa Italiana.
“It has been a great pleasure and an honor to chair the Board of Directors of Borsa Italiana over the last six years, a period characterized by important challenges and significant achievements. Borsa Italiana has grown and gained an increasingly international dimension, up to the integration into the Euronext Group, the leading market infrastructure in Europe,” Sironi commented.
Euronext initially announced its plan to acquire Borsa Italiana in 2020. The operator completed the acquisition last year to expand its operations.
Claudia Parzani
Claudia Parzani has a strong presence in Italy’s financial services sector. In her new role, Parzani aims to accelerate the expansion of Borsa Italiana.
“I am honored to be appointed as Chairwoman of Borsa Italiana during these exciting times and to be part of the growth project of Euronext. I am grateful to Andrea Sironi for his confidence and support during the last few years, and I look forward to leading the Board of Directors of Borsa Italiana to support the company in fully seizing the opportunity of being part of Euronext, the leading market infrastructure in Europe,” Parzani said.
Euronext has witnessed a consistent jump in revenues and trading activity during the past 12 months. Since the acquisition of Borsa Italiana, the overall revenue has spiked substantially.
