Intrum has announced that Alberto Marone has been appointed Managing Director for Intrum’s operations in Italy.

Marone has been promoted from the position of Group Investment Director at Intrum.

Marone has also been part of Intrum Italy’s senior management team, where he has covered the role of Head of M&A and Strategy for the joint venture with Intesa Sanpaolo. Prior to joining Intrum, Marone worked as Director at UBS Investment Bank in London, focusing on capital market activities with European financial institutions and sponsors. he will report directly to President & CEO Anders Engdahl and be a member of Intrum’s Group Management Team. He replaces Marc Knothe, who takes on the role as Managing Director for Intrum Germany and Austria.

Anders Engdahl, President and CEO of Intrum said “I am very pleased that Alberto Marone has accepted the position as Managing Director for Intrum Italy. Alberto brings strong and relevant experience from several leading investment roles within Intrum and externally, that will enable us to further develop our strategic partnership with Intesa Sanpaolo and our position in the important Italian market.”