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NPL&UTP – The international Congress on Jurimetrics, Banking and Finance
Since 2014, Alma Iura has been organizing the International Congress on Jurimetrics, Banking and Finance, a major event for financial professionals. Starting from 2019, the event has taken up the title “NPL&UTP” and has become a benchmark for professionals working in the sectors of Non-Performing Loans, finance and banking regulation.
Thanks to its high level scientific and technical approach, NPL&UTP focuses on the regulatory evolution and dynamics that influence the management of NPLs (Non-Performing Loans) and UTP (Unlikely-To-Pay), involving experts, financial institutions and professionals in this sector.
NPE: No man is an island. The industry bell tolls.
In a market that seems to have reached its maturity stage, where margins are under pressure and risks are growing, this appeal sounds like a call to reflect. Perhaps it is time to wonder whether the individual, or merely competitive, approach is still sustainable. Perhaps it is time to rethink relationships within the NPL sector, trying to imagine a new balance between cooperation and specialization.
The 2025 NPL&UTP Congress, promoted by Alma Iura, wants to be the answer to this need for discussion. Much has already been done, but there is still one open question: is the level of cooperation between the different sides of the industry really sufficient? New synergies between banks and servicers could be explored, for example on early warning, on the outsourcing of labour-intensive activities, or on data sharing. Servicers and investors could together develop asset-light models, new origination formulas, and more stable partnerships over time. Banks and investors, on their side, could find a common ground in the handling of complex cases, in risk sharing, and in the development of more sophisticated financial structures. We also need to improve the reputation of our industry through a collective communication effort, highlighting the importance of our industry in making credit management more efficient, in contributing to better risk diversification, and in complementing the market with innovative solutions.
Perhaps, defending marginality does not mean only better competitiveness, but also better cooperation. Perhaps, in order to preserve the value and the expertise of a sector that is present also at a European level, it is necessary to make a further step forward also in the way it is present on the market. The future is uncertain, but it surely brings new opportunities. New asset classes could revive interest in the sector. The expertise developed over the past few years can be a decisive competitive advantage.
And perhaps we should, once again, listen to the invitation launched by John Fell in 2024: “Preserve the industry, do not waste the acquired skills”.
The Congress will be an excellent opportunity to look beyond the horizon.
Because, no man is an island. And the bell, perhaps, tolls also for us.
Marco Rossi, Initiator and Scientific Coordinator of the event.
(John Donne, Meditation XVII, 1624)
WHO YOU WILL MEET AT THE EVENT
SPEAKERS IN THE PAST EDITIONS, AMONG OTHERS:
PASQUALE BIANCHI
Bank of Italy – Head of the Inspection Coordination and Irregularities Analysis Division – Financial Intelligence Unit for Italy
PIERGIUSEPPE D’INNOCENZO
Bank of Italy – Previously Head of the On-site Supervisory Inspectorate
GIULIO DEL PRETE
European Central Bank (ECB) – Principal Supervisor – Head of On Site Inspection Division
JOHN FELL
European Central Bank (ECB) – Deputy Director General, Macroprudential Policy & Financial Stability
ROBERTO FONTANA
Court of Milan – Assistant District Attorney
RAINER MASERA
Università Marconi – Dean of the Faculty of Economics, former Italian Budget Minister and former Minister for European Union relations, Gruppo Sanpaolo IMI – former CEO and President
MARCELLO MINENNA
Consob – Former Head of the Quantitative Analysis Office. Now Director of The Customs and Monopoly Agency
ANDREA MUNARI
AMCO – CEO
NICOLA PAPA
European Central Bank (ECB) – Head of Section, Directorate General Specialised Institutions & LSIs, Division 4
GIOVANNI SABATINI
Università Cattolica del Sacro Cuore Milano – Adjunct Professor
GIOVANNI SANTINI
Bank of Italy –Vice Chief of the Bank Supervision 1
PAOLO SAVONA
Consob – President
GIUSEPPE SIANI
Bank of Italy – Head of the Banking and Financial Supervision Office
TIZIANA TOGNA
Consob – Vice Director General and Intermediary Manager
SERGIO VENTO
Ambassador
News
Read all the news
Scientific Committee
Edition 2025
Giovanni Gilli
President - Intrum Italy(President of the Scientific Committee)
Carlo Viola
CEO – Fincavo Capital (Investment advisory consultant exclusive to Triton Funds)(Vice President of the Scientific Committee)
Marco Rossi
Co-managing partner - RRP Commercialisti e Avvocati associati, President of the Scientific Committee - Centro Studi Alma Iura (Inventor and Scientific Coordinator of the event)
Agenda
to be defined
WEDNESDAY, OCTOBER 29th, 2025
Palazzo della Gran Guardia Piazza Bra, 1 | Verona
9.00 – 9.30
CHECK-IN AND WELCOME COFFEE
9.30 – 9.35
WELCOME AND OPENING REMARKS
by Giovanni Gilli, Carlo Viola, Marco Rossi and Gaetano Lattanzi
9.35 – 9.40
“FOR WHOM THE BELL TOLLS””
Giovanni Gilli and Marco Rossi
9.40 – 10.00
DATA-BASED INTRODUCTION
THE ITALIAN CREDIT SERVICING MARKET: BETWEEN PERFORMANCE AND NEW CHALLENGES
Michele Thea
Partner, Europe West NPE Leader – EY
10.05 – 10.20
KEYNOTE SPEECH
Francesco Minotti (Keynote)
CEO – Mediocredito Centrale
10.25 – 11.30
ROUNDTABLE
PUBLIC GUARANTEE SCHEMES (MCC AND SACE): COOPERATION BETWEEN GUARANTORS AND GUARANTEED FOR THE OPTIMIZATION OF CREDIT MANAGEMENT
- In-house management of guaranteed credits: control or inefficiency? Organizational advantages and operational risks related to the in-house management by banks. The role of the workout functions and of specialized firms.
- Transfer of secured credits: do we transfer risk or value? Analysis of the trade-off between credit transfer and portfolio credit retention. Price, risk and guarantees in the eyes of investors.
- Guarantee under the test of litigation: what certainties do we have? Judicial trends and emerging legal risks. Evolution of judicial practice in the areas of prosecution, validity and enforceability.
- Guarantors and guaranteed: a cooperation that needs to be strengthened. From tacit approval to operational dialogue: how MCC and SACE can support (and streamline) the work of banks.
- Towards an integrated management model: instruments, governance, platforms. Proposals for a shared, data-driven governance involving guarantors and bank operators. Virtuous experiences, technical standards and interoperability.
Patrizio Messina (Chairman)
Managing Partner Italy – Hogan Lovells
Edoardo Lombella (Discussant)
Head of NPE – Banco BPM
Riccardo Marciò (Discussant)
Chief of the NPL area – Banco Desio
Andrea Botta
Head of Financial Services – Guarantee Instruments and Ordinary and Structured Finance Incentives
Luigi Izzo Chief Business Development Officer – Hipoges
Lorenzo Marcello del Majno Associate Partner – i-law studio legale
Daniele Rossi Head of Specialty Finance – Banca Finint
Marco Rossi Co-managing partner -RRP Commercialisti e Avvocati associati, President of the Scientific Committee – Centro Studi Alma Iura
Alberto Sondri
Executive Director – CRIBIS Credit Management
11.35 – 11.55
KEYNOTE SPEECH
NOT ONLY NPE: THE PRESENT AND THE FUTURE OF ITALIAN BANKS – THE EXPERIENCE OF BANCO BPM
Giuseppe Castagna (Keynote)
CEO – Gruppo Banco BPM
12.00 – 12.50
ROUNDTABLE
THE ROAD TO ASSET MANAGEMENT: CAN THE MAJOR SERVICERS OF OUR INDUSTRY EVOLVE TOWARDS MODELS, WHICH ARE TYPICAL OF THE PRIVATE CAPITALE SECTOR?
- Asset-light models: new forms of cooperation between banks, investors and servicers.
- Ready to skin in the game.
- Logics based on carried interest, short term vs. long term returns.
- Is it realistic to open up to new categories of investors?
Luca Cosentino (Chairman)
Partner Financial Services – EY Parthenon
Gaudenzio Bonaldo Gregori (Discussant)
CEO & Managing Partner – Pillarstone
Biagio Giacalone (Discussant)
CEO – CRC Analytics
Christian Busca
Partner – EY SLT
Davide Ferrari
AD – OneOsix
Gianrico Giannesi
Partner – Chiomenti
Roberto Maffioletti
Chief Investment – Guber Banca
Federico Silva
Head of Origination & Business Development – Europa Investimenti (Arrow Global Group)
12.55 – 13.30
ROUNDTABLE
TECHNOLOGICAL LEAPS: IS IT JUST EXPERIMENTS OR ARE THEY STARTING TO HAVE A MAJOR IMPACT ON THE SECTOR?
- Where A.I. is starting to be applied: examples and practical cases.
- The likely impact on productivity and efficiency: drill-down.
- Need for new skills: the current situation, upskilling/reskilling.
Marco Cozzi (Chairman)
Country Manager Italy – Qualco
Frank Enos (Discussant)
Managing Director – Varadero Capital
Enrico Risso (Discussant)
CEO – Intrum Italy
Rodolfo Diotallevi
Group Chief Business Development & Innovation Officer – doValue
Andrea Mariani
Policy Underwriting & Collection Strategy Manager – ING Italy
Stefania Radoccia
Managing Partner – BIP Law & Tax
13.30 – 15.00
NETWORKING LUNCH
15.05 – 15.25
KEYNOTE SPEECH
LESSONS FROM EUROPE
Harry Vranjes (Keynote)
Chief Executive Officer – Hoist Finance
15.30 – 16.00
ROUNDTABLE
NPEs: WHAT’S NEXT FOR EUROPE? LESSONS FROM ITALY AND THE ROAD AHEAD
- Case studies and direct experiences from other European markets.
Corrado Angelelli (Chairman)
Partner – Greenberg Traurig
Mirko Briozzo
Country Manager Italia doValue, CEO Gardant | Gruppo doValue
Marco Cleva
Chief Commercial Officer – Generalfinance
Tomasz Kurr
CEO – KRUK Italia
Fabio Perata
Head of Division – ECB Banking Supervision – DGSPL (Directorate General Microprudential Supervision on Specialised Lending Institutions) – European Central Bank (ECB)
16.05 – 16.25
KEYNOTE SPEECH
INSTITUTIONAL STATEMENT
Federico Freni (Keynote)
Undersecretary at the Ministry of Economy and Finance
16.30 – 17.20
ROUNDTABLE
EFFORTS TO ENLARGE THE “REVENUE POOL” VS. “STICK TO YOUR CORE BUSINESS”: WHERE IS IT BEST TO CONCENTRATE RESOURCES?
- Possible developments related to Stage 2?
- Potential of the “tax credits” asset class.
- Should we really exclude GACS (Guarantee on Securitization) on UTP?
- Room for cooperation with banks since the start, since the credit granting stage?
- Sharing of databases.
- What are the margins for productivity and efficiency improvements based on technology?
- Size as a competitive variable.
- The future of the real estate sector.
Marco Pesenti (Chairman)
Senior Partner – La Scala
Valentina Borgonovi (Discussant)
Head of Credit Strategies & Rating Desk – UniCredit
Riccardo Serrini (Discussant)
CEO – Prelios Group
Cristian Bertilaccio
CEO, GM – MBCredit Solutions
Laura Gasparini
Chief Corporate & Investment Banking Officer – Cherry Bank
Massimo Gianolli
CEO – Generalfinance
Andrea Giovanelli
Managing Director – Hoist Finance Italia
Umberto Rasori
CEO – Zenith Global
17:30 – 18.30
NETWORKING TIME
18:30 – 19.30
PRE-DINNER COCKTAIL
19.30
GALA DINNER
Keynotes and speakers
Edition 2025
Giuseppe Castagna
CEO - Gruppo Banco BPM (Keynote)
Federico Freni
Undersecretary at the Ministry of Economy and Finance (Keynote)
Francesco Minotti
CEO - Mediocredito Centrale (Keynote)
Harry Vranjes
Chief Executive Officer - Hoist Finance (Keynote)
Gaudenzio Bonaldo Gregori
CEO & Managing Partner - Pillarstone (Discussant)
Frank Enos
Managing Director - Varadero Capital (Discussant)
Biagio Giacalone
CEO - CRC Analytics (Discussant)
Edoardo Lombella
Head of NPE - Banco BPM (Discussant)
Riccardo Marciò
Chief of the NPL area - Banco Desio (Discussant)
Enrico Risso
CEO - Intrum Italy (Discussant)
Riccardo Serrini
CEO - Prelios Group (Discussant)
Corrado Angelelli
Partner - Greenberg Traurig (Chairman)
Luca Cosentino
Partner Financial Services - EY Parthenon (Chairman)
Marco Cozzi
Country Manager Italy - Qualco (Chairman)
Patrizio Messina
Managing Partner Italy - Hogan Lovells (Chairman)
Marco Pesenti
Senior Partner - La Scala (Chairman)
Cristian Bertilaccio
CEO, Director General - MBCredit Solutions
Andrea Botta
Head of Financial Services – Guarantee Instruments and Ordinary and Structured Finance Incentives - RINA Prime Credit Asset Management
Mirko Briozzo
Country Manager Italia doValue, CEO Gardant | Gruppo doValue
Christian Busca
Partner - EY SLT
Marco Cleva
Chief Commercial Officer - Generalfinance
Rodolfo Diotallevi
Group Chief Business Development & Innovation Officer - doValue
Davide Ferrari
AD - OneOsix
Laura Gasparini
Chief Corporate & Investment Banking Officer - Cherry Bank
Gianrico Giannesi
Partner - Chiomenti
Massimo Gianolli
CEO - Generalfinance
Andrea Giovanelli
Managing Director - Hoist Finance Italia
Luigi Izzo
Chief Business Development Officer - Hipoges
Tomasz Kurr
CEO - KRUK Italia
Roberto Maffioletti
Chief Investment - Guber Banca
Lorenzo Marcello del Majno
Associate Partner - i-law studio legale
Andrea Mariani
Policy Underwriting & Collection Strategy Manager - ING Italy
Fabio Perata
Head of Division – ECB Banking Supervision – DGSPL (Directorate General Microprudential Supervision on Specialised Lending Institutions) - European Central Bank (ECB)
Stefania Radoccia
Managing Partner - BIP Law & Tax
Umberto Rasori
CEO - Zenith Global
Marco Rossi
Co-managing partner - RRP Commercialisti e Avvocati associati, President of the Scientific Committee - Centro Studi Alma Iura (Inventor and Scientific Coordinator of the event)
Daniele Rossi
Director - Head of Specialty Finance, Specialty Finance, Group Commercial - Banca Finint
Federico Silva
Head of Origination & Business Development - Europa Investimenti (Arrow Global Group)
Alberto Sondri
Executive Director - CRIBIS Credit Management
Michele Thea
Partner, Europe West NPE Leader - EY
BE BANKERS: ALMA IURA MAGAZINE
Be Bankers is the magazine published by Alma Iura. Under the direction of journalist Riccardo Sabbatini (who worked at Il Sole 24 Ore for twenty years, where he was also head of the Research Office), the magazine and the website focus on the credit industry, and involve bank managers, portfolio managers, general counsels, lawyers working for banks and financial institutions, advisors, investors, info providers and tech&innovation developers. The mission of Be Bankers is to create and foster dialogue and discussion between the most influential players and companies in this sector, publishing interviews, articles, reports, dossiers, opinions and news, based on a practical, innovative and transdisciplinary approach.
Be BankersSponsorships
Edition 2025
Partners and Sponsors
If you would like to partner with NPL&UTP please contact us at nplutp@almaiura.events
SOME FIGURES ABOUT THE PREVIOUS EDITION
40+ banks present
60+ servicers present
750+ participants
Photogallery
Previous edition
Previous edition
Charity
Edition 2025
The Congress is not intended to be just a business and networking event, but also an opportunity to support AIRC, the Italian Foundation for Cancer Research, to which part of the proceeds will be donated.
