Banca Leonardo hires Fortuzzi from Idea Sim

Italy’s Banca Leonardo has appointed Massimo Fortuzzi as senior banker.

Fortuzzi joined from Idea Sim, where he was chief executive officer, having previously served as chief operating officer for Italy at Merrill Lynch Global Wealth Management, where he was responsbile for the private banking activities of the US firm in the county.

Fortuzzi started his career as fund manager for Prime Gest Spa.

The Italian private bank, which operates an advisory and private banking businesses, has recently unveiled a growth strategy to consolidate its position mainly on the private banking Italian market.

Since the beginning of 2012, Banca Leonardo hired 11 senior private bankers and new appointments are expected to be announced over the next months.

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