In January 1981, he was hired by Banca Commerciale Italiana where he followed a training path that led him, through numerous assignments and different operating sites, to the top management of the bank, which he left in July 2003 as Deputy General Manager first at Banca Commerciale Italiana S.p.A. and then at Banca Intesa S.p.A.
He worked in 16 different cities, including London (4 years) and Tokyo (4 years).
In 2003 he became General Manager of the Global Markets Italy Division of Deutsche Bank AG with responsibility for Global Markets activities in Italy. In 2006, he was appointed Senior Advisor for Eastern Europe at Deutsche Bank AG, London, with responsibility for development activities in the region and in particular for relations with governments and central banks in Eastern Europe.
From 1981 to 2003, Caputo Nassetti gained experience in numerous sectors of the banking business, holding positions of responsibility in them. After a period of theoretical and practical training, he worked in retail, private banking, corporate and investment banking. He was the head of the international network of Banca Commerciale Italiana, BCI, which had significant operations abroad (present in 47 countries on five continents).
He was trained as a credit analyst and has a long experience in risk management (he was several years member of the Credit Committee of BCI and then of Banca Intesa S.p.A.). He has also had significant experience in debt collection which has helped him to understand the pathology of credit.
He has worked in various branches of the bank: for 4 years in London, 4 years in Tokyo and the rest in 14 years in Italian cities (Brescia, Ferrara, Forlì, Genoa, Lucca, Milan, Naples, Padua, Rome, Schio (VC), Taranto, Treviso, Venice, Verona) and he has worked in the United States and Brazil, when he was responsible for BCI’s international network.
Between 1996 and 2001, he conceived and implemented the transformation of BCI’s business model in the corporate, structured finance, trade finance and derivatives sectors, exceeding the target of EUR 1 billion in revenues.
In 1997-98 he created the Large Clients Department, innovating the organisational structure that had previously been based on territorial criteria, creating the figure of Global Relationship Manager by selecting a team of young managers dedicated to large Italian and international clients (around 400 groups) for homogeneous portfolios, taking care of their professional training. Including the Local Relationship Managers present in the branches, the total number of resources managed is approximately 200. The risk portfolio varied between 60 and 30 billion euros. This model is still in place at Banca Intesa San Paolo S.p.A.
He created the Structured Finance Department, profoundly innovating the organisational model by introducing specialisation and industrialisation criteria. The Department consists of more than 200 people located in Milan, Hong Kong, New York, London, Sao Paulo and Luxembourg. The areas of expertise are Project finance Infrastructure & Industries, Project finance Oil & Gas, Project finance Power & Utilities, Telecommunications, Media & Technology finance, Structured Export finance, Asset backed finance, Real Estate finance, Leveraged & Acquisition finance, Mid Corporate Acquisition, Transportation finance, Shipping finance, Financial (tax) Engineering, Credit Derivatives, Securitisation, Corporate Products, Domestic syndication, International syndication, International origination. Under his impetus, the bank has won numerous records, awards and important positions in world rankings in various sectors of structured finance (e.g. the world’s first “Leonardo” synthetic securitisation of $1 billion of aviation receivables; Europe’s first “Scala 2” synthetic securitisation of a €750 million portfolio of credit derivatives).
He started the Credit Derivatives business in 1996, achieving significant financial results (€ 400 million net profit in five years) and positioning the bank among the leading global players for several years.
It reorganised the emerging markets business (Export Finance) by introducing a functional model as opposed to a territorial one.
He has credit experience not only in the corporate banking and public administration sectors, but also in more complex structured finance and derivatives.
He has also gained experience in the preparation of legal documentation of banking transactions, loans, guarantees and derivative contracts.
He was a Director of IntesaBci Bank Ireland Ltd, Dublin (2000-2003).
In 2003 he became General Manager of Deutsche Bank AG‘s Global Markets Italy Division with responsibility for Italy’s Global Markets activities (primary and secondary debt markets, structured finance, bank capital investments, derivatives) towards corporate clients, banks and insurance companies and the public sector. The Division’s revenues almost doubled in the period 2004-2007.
In 2006, he was appointed Senior Advisor for Eastern Europe at Deutsche Bank AG, London with responsibility for development activities in the region, with a focus on the Balkans, for the Global Markets Division’s activities with local governments, banks and corporations. Over the next two years, he developed an extensive network of relationships with heads of government and ministers of several countries in the area, achieving significant economic results for the bank and related benefits for the countries concerned.
From January to October 2016, he was a member of the Board of Directors and the Executive Committee of Cassa di Risparmio di Cesena S.p.A., a Board that carried out the rescue of the bank with the entry of the Interbank Deposit Protection Fund through a reserved capital increase of 280 million euros