CACEIS, the asset servicing banking group of Crédit Agricole, has been entrusted with depositary bank and related services mandates by Fondazione ENPAIA, the National Social Security Institute for Agriculture Industry Workers in Italy.
With this mandate, the Italian Branch of CACEIS specialising in financial services for institutional investors, strengthens its client portfolio with a distinguished Italian social security institute representing over 38,000 subscribers and more than €1.5 billion in assets under management.
“We are proud to have CACEIS’ name linked to such a prominent social security institute in the Italian agricultural sector” declared Giorgio Solcia, Managing Director of CACEIS in Italy. “This mandate validates both our operating model and the service range we offer Institutional Investors. We are delighted by this key business win that further strengthens the Crédit Agricole Group’s close links to the agri-food industry.”
"We are pleased to be working with CACEIS” declared Roberto Diacetti, Managing Director of Enpaia. “CACEIS is a key partner with proven experience in the field of pension funds and retirement savings; and we are convinced that it is well-positioned to support the Foundation in carrying out our investment operations".