Sarmi Appointed as Poste Italiane MD
The Italian treasury which holds a 100 percent stake in Italian postal services group Poste, is to appoint Massimo Sarmi as managing director. Mr Sarmi who is currently managing director of Siemens Italia, will be in charge of Poste’s stock market flotation. He will replace Corrado Passera, who has been appointed joint managing director of Italian banking group IntesaBCI.