Banca Ifis announced that Frederik Geertman will be taking on the position of Chief Executive Officer starting from the Shareholders' Meeting held for the 2020 financial statements to speed up the growth and digitisation process. The current CEO Luciano Colombini will remain in his role until April 2021 and as a director of the subsidiaries on whose boards he currently sits through to April 2022. Banca Ifis declares that, following the agreements reached with the Bank’s controlling shareholder, La Scogliera S.p.A., the Chief Executive Officer, Luciano Colombini, announced his intention of renouncing his mandate as Director, including CEO, on the board starting April 2021 for the parent company and from April 2022 for the subsidiaries in which he holds a position. The decision will be formalised in a board meeting envisaged for this coming February and will take effect from the Shareholders' Meeting called to resolve on the draft financial statements for 2020. Frederik Geertman From 2016 to date, he has held the position of Deputy General Manager and Chief Commercial Officer of UBI Banca, coordinating a national industrial relaunch programme. Before this, he spent almost ten years with the international banking group UniCredit, amongst others as Head of Global Marketing and Segment Management for various European countries and as Manager responsible for the Italian network of branches for Families and SMEs.