Fabrizio Cerina

Fabrizio Cerina (born in Piacenza) is the chairman of international investment banking group Crédit des Alpes.

Fabrizio Cerina
OccupationInvestment Banker
Years active1995 – present
TitleCrédit des Alpes Group, Chairman

Career

Cerina began his career by acquiring a 34% stake in Banque de Participations et de Placements, Geneva.[1] He later sold it to Lebanese buyer Al-Mashreg Bank.

In 1982, he acquired Attel Bank, in which he invested CHF1.5 million (US$1.53 million), eventually listing the holding company on the Luxembourg Stock Exchange in 1987 at a value of approximately CHF130 million (US$132.6 million).[2]

In the 1990s Cerina was dubbed "a banker and a gentleman"[3] by Swiss and international press when, as the controlling shareholder of Attel Bank, he voluntarily refunded clients out of his own pocket after a rogue trader caused losses amounting to CHF45 million (US$46 million). The trader stole money from clients, as well as dealing in unauthorized junk bonds and NASDAQ securities.[1][3]

Cerina merged and developed the business into Crédit des Alpes, an investment bank that advises on large international transactions. The bank put together the US$4.2 billion acquisition by Vivendi (VIV:FP)[4] of Brazilian broadband market-leader company GVT in 2009 — then the largest world’s telecoms deal.[5]

References
  1. "First Person: Fabrizio Cerina". Financial Times (London, UK) (21 July 2013).
  2. Corrado Bianchi Porro (2 May 2021). "Finanza sostenibile in crescita". L'Osservatore.
  3. "Il ″banchiere gentiluomo″ abita a Lugano". Il Messaggero. 25 October 1993.
  4. "Vivendi Company Profile Bloomberg". Bloomberg (28 March 2020).
  5. "Crédit des Alpes: Vivendi reprend GVT au Brésil (Crédit des Alpes leads on Vivendi deal to buy GVT in Brazil)". L'Agefi (Switzerland) (3 December 2009). Archived from the original on 6 December 2013.
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