Piero Gnudi - President


Chartered Accountant, admitted to the "Association of Chartered Accountants of Bologna" in 1964 and to the "Association of Auditors" since its foundation in 1995.
Founder of Studio Gnudi Associazione Professionale based in Bologna, Milan and Rome.
Currently, he has been appointed as a new Special Commissioner of ILVA S.p.A, Italian steelmaker. He’s Chairman of the Board of Directors of Credito Fondiario SpA and Nomisma Society of Economic Studies S.p.A. and Vice President of Alma Graduate School.
He’s also Member of the Executive Committee of ASSONIME.
He held the position of Minister of Regional Affairs, Sports and Tourism in Prime Minister Mario Monti’s government.
He was Board Chairman of LOCAT S.p.A., ASTALDI S.p.A., ENEL S.p.A., TERNA S.p.A., WIND S.p.A., RAI HOLDING S.p.A., MIRBIS Moscow International Business School and OME Observatoire Méditerranéen de l'Energie Parigi, Board Chairman and Managing Director of IRI S.p.A., Managing Director of CARIMONTE HOLDING, Vice President of BANCA DEL MONTE DI BOLOGNA E RAVENNA, CREDITO ROMAGNOLO, UNICREDIT CORPORATE, Member of the Board of Directors and Statutory auditor to several Companies including ENI, CREDITO ITALIANO, STET, MERLONI, FERRE’, ALFA WASSERMANN, UNICREDIT, IL SOLE 24 ORE.
He was Member of the Executive Council of Confindustria.


Luca Dondi dall’Orologio – Managing Director


Economist with experience in the evaluation of investment projects, particularly in the sectors of real estate and infrastructures. He has been working at Nomisma since 1998.
From 2008 to 2011 he was responsible for the “Real Estate Analysis and Evaluation Services” unit, coordinating the activities aimed at the assessment, monitoring and measurement of investment risks.
Since 2011 he has been Head of the Real Estate and Urban Strategies Unit, of which he continues to be the Scientific head.
Since 2010 he has been Vice-President of RE Valuta S.p.A.



Board Members with Special Functions 

Giulio Santagata 

Giulio Santagata

Graduated in Economics and Business, for several years he was the coordinator of the budget and programming area of the Emilia-Romagna Region, prior to becoming a consultant in the 1980s. He was managing director of the Promo company and president of several research institutes, then in 1996 he became an Economic Advisor to the Prime Minister.
From 1998 to 2001 he was a member of the Committee for Surveillance of Water Resources at the Ministry of Public Works.
From 1999 to 2001 he was a Special Advisor at the European Commission.
Member of the Italian Parliament for three legislatures (XIV, XV, and XVI).
Minister for Programme Implementation during the second Prodi Government.
Since April 2013, he was appointed by the Board of Directors Special Advisor for the Strategic Development of Nomisma S.p.A.


Giovanni Pecci 
GiovanniPecciHe pursued an academic career at the Universities of Trento, Modena and Bologna. Author of publications and member of study Committees, in 1981 he was awarded the St. Vincent prize for Economics. Over a 15-year period beginning in 1983, he was Managing Director and Chief Executive Officer of Nomisma.







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