Dario Scannapieco (CDP) unanimously reappointed ELTI President

Summary

The CEO of Cassa Depositi e Prestiti (CDP) will continue to lead The European Long-Term Investors Association (ELTI) for the next three years

The re-election has taken place on the occasion of the 13th European Long-Term Investors Association General Assembly in Amsterdam

In 2024, the Members associated with ELTI financed projects for more than 290 billion euros

The European Long-Term Investors Association (ELTI) renewed its Management Board today, unanimously reappointing Dario Scannapieco, CEO of the Cassa Depositi e Prestiti (CDP), in his role as President. For his second term, Scannapieco will lead the Association for the next three years.

The re-election of Scannapieco is held on the occasion of ELTI’s 13^thGeneral Assembly, with this year’s edition hosted, in Amsterdam, by Dutch member Invest-NL (ELTI’s sole National Promotional Institution for the Netherlands).

In 2024, ELTI’s combined balance sheet reached nearly three trillion euros, with new financing commitments amounting to more than 290 billion euros, of which nearly 30% are earmarked for the field of sustainable finance. In the housing sector, ELTI members have supported the development of over 800,000 housing units and committed more than 50 billion euros in financing.

Founded in Paris in 2013, ELTI comprises 33 members from 19 EU Member States1, two candidate countries (Montenegro and Turkey), and two International Financial Institutions (the Council of Europe Development Bank and the Nordic Investment Bank). The European Investment Bank Group (EIB) is a permanent observer in the association.

NPBIs provide long-term financing and advisory services across Europe. They crowd in private resources for sustainable projects, strategic infrastructure, small and medium-sized enterprises, and innovation.

Newly re-elected ELTI President Dario Scannapieco, CEO of the Italian Cassa Depositi e Prestiti (CDP), commented: “It’s a great honour for me to have been reappointed as ELTI President. I would like to warmly thank all the members of the Association for their trust and support throughout this journey. ELTI represents 33 National Promotional Banks and Financial Institutions from across Europe, having doubled its membership in just 10 years. In 2024, ELTI members reached a combined balance sheet of nearly three trillion, with new financing commitments amounting to more than 290 billion euros, including almost 90 billion euros dedicated to sustainable finance. These achievements show the crucial role that National Promotional Institutions play in supporting EU competitiveness and strategic autonomy. Together, we will continue to support EU strategic objectives, expand our network, and design innovative financial solutions to meet the challenges ahead. With a deep sense of responsibility, I look forward to leading ELTI through this new mandate and to further reinforce the role of NPBIs as key actors for EU competitiveness - Together we can do more!”.

¹Austria, Belgium, Bulgaria, Croatia, Czechia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain.