Claudio Nordio

Chief Risk Officer


A degree in physics from the University of Padua landed Claudio in the financial world of Milan from Fineco SGR to Caboto and then Abaxbank, where he gained extensive experience in applying mathematical models to investments and in structuring and managing complex portfolios.

He joined Banco Popolare in 2010. There, he accelerated his career in risk management, taking over the role of manager in charge of validating internal models and guiding his team in applying innovative approaches and emerging technologies. He went on to be chief risk officer at Banca Carige in 2015, where he was also in charge of structuring the first public NPL securitisation under the Italian NPL Securitisation Guarantee (GACS) of a bank supervised by the ECB.

In his role as illimity’s Chief Risk Officer, he aims to implement risk management 4.0: where business and risk management are driven by data, interpreted with machine learning and quantitative models and engineered in an agile, innovative and continually evolving environment. He is married to Claudia and is father to Linda.