Board Of Directors

Board of Directors


Alberto Rubegni

Alberto Rubegni was born in Pisa in 1951 and holds a degree in Civil Engineering.

He has been Chairman of ASTM since 18 February 2020, subsequent to holding the position of CEO between 2015 and 2020, achieving significant results, including the industrial and strategic reorganisation process focused on the “One Company” business model, which reached completion with the merger of the subsidiary SIAS into ASTM, the consolidation of the Italian market and the growth on international markets which have made the Group the world’s second largest player in the management of motorway concessions today, entry of the Ardian fund, one of the world’s leading private equity investment companies, into Nuova Argo Finanziaria.

Currently, he also sits on the boards of directors of several of the Group’s subsidiaries and investee companies in the motorway concessions, engineering and technology sectors.

Over the course of his career, he has held various prestigious posts within the infrastructure sector which have seen him at the helm of important companies that lead the way globally in implementing large transport infrastructure projects, hydroelectric works, and civil and industrial construction projects, as well as within the motorway concessions sector.

He has managed some of the biggest infrastructure projects within Italy and internationally at the head of the consortia of companies that have created the Italian high-speed rail system, building the Bologna-Florence and the Turin-Milan lines and internationally at the head of consortia that have completed high-level engineering projects in the hydroelectric, transport, maritime and industrial construction sectors worldwide.

He embarked on his career at the end of the 1970s, developing some electric and hydroelectric projects in the Middle East.

When he returned to Italy, he went to work for Girola, which was one of the biggest construction companies in Italy at the time. Girola then merged with Impregilo, the leading general contractor in Italy and one of the biggest construction groups in the world, where he stayed for over 20 years, holding increasingly important positions over the years within the holding company and the operating companies of the Group, until becoming its General Manager and then Managing Director from July 2007 to July 2012.

From July 2013 until 2015, he was the Chairman of Itinera SpA, an ASTM subsidiary and a leading construction company in Italy.

He is currently the CEO of Nuova Argo Finanziaria, a holding company owned by the Gavio family (60%) and the Ardian (40%) family, which controls the ASTM Group.

Chief Executive Officer

Umberto Tosoni

Umberto Tosoni was born on 4 March 1975 and graduated with a degree in Engineering Management from the Tor Vergata University of Rome, specialising in Transport Planning.

He has been CEO of ASTM since 18 February 2020.

After beginning his professional career in one of the leading multinational companies in the semiconductor production sector, gaining important experience in Italy and abroad, he joined the Gavio Group.

Within the Group he has covered various and prestigious positions over the years, including – in the motorway concessions sector – CEO of SIAS, the Group’s holding company in the sector, and CEO of various licensee companies including Autostrada dei Fiori, SITAF, SATAP A4 Torino-Milano and A21 Torino-Piacenza, Autostrada Torino-Savona, Autostrada Asti-Cuneo, SAV.

Lastly, in the technology and innovation sector, he held the position of CEO of SINELEC, the Group’s Information Technology hub of which he is currently Vice President and of which over the years has maintained a role as coordinator for the strategic direction within the Board.

Franco Moscetti - Vice-Chairman

Born on 9 October 1951, Franco Moscetti graduated with a degree in Industrial Sciences with a focus on Business and Economics from the Akademie Erisau (Switzerland).

He is the founder and CEO of AXEL Glocal Business, a business consultancy firm for strategy, business and financial consultancy.

He is currently chairman of OVS and vice-chairman of Fideuram Investimenti SGR.

His various roles have included: CEO of Il Sole 24 Ore in 2016-2017, CEO of the Amplifon Group (from 2004 to 2017) and, from 1984 to 2004, CEO of Air Liquide Italia.

He was appointed Knight of Labour by the President of the Italian Republic Giorgio Napolitano in 2012.

In 2017, he was awarded “Manager of the Year – Publishing Sector” for his achievements as the CEO of the 24 Ore Group.

He has been an independent director of SIAS S.p.A. since November 2018.

Caterina Bima

Caterina Bima holds a degree in Political Science and Law from the University of Turin and works as a notary, specialising in various areas of civil, commercial, corporate, bankruptcy, fiscal and tax law.

Currently, she is a member of the Supervisory Body of the Fondazione Cassa di Risparmio di Torino. She has previously been a board member for Banca Fideuram and Impregilo SpA, as well as a member of the General Council for the Compagnia di San Paolo.

She is the author of numerous publications and has spoken at many conferences on the topic of corporate law.

Giulio Gallazzi

Giulio Gallazzi holds a Business Economics degree, got his M.B.A. magna cum laude from the SDA Bocconi Business School in Milan in 1990 and subsequently attended Harvard Business School in Boston (USA) as a visiting scholar.

Formerly a senior consultant for a major American management consulting group, in 1994, Giulio Gallazzi joined Valdani & Vicari Associati, one of the largest management consultancies in Italy, and went on to become partner, shareholder and board member.

In 2001, he founded SRI SpA, a company which provides socially responsible finance and business development strategies.

Between 2002 and 2007, SRI experienced steady growth, creating several start-ups and making various strategic acquisitions before becoming the SRI Group in 2009.

Today, the SRI Group Global, formed in 2010, is an international holding company which controls nine companies connected by strong strategic business interdependencies. The Group’s headquarters are in London, and it has operating offices in Milan, Rome, Shanghai, Beijing, Hong Kong, Mexico City and has established numerous joint ventures in 15 countries worldwide.

Over the years, he has developed significant experience in private equity transactions within the high tech and entertainment sectors, in international finance and in strategic change management to the digital economy.

Giulio Gallazzi also teaches at respected business schools throughout Europe on the topics of International Business Development Strategy, the Organisation of Complex Groups and Sustainable Finance.

Formerly, a director of Ansaldo STS and Banca Carige, he is currently a director of Mediaset SpA.

He has published several pieces and articles on corporate development and sustainable finance.

Giuseppe Gatto

Giuseppe Gatto holds a degree in Economics and Business from the University of Turin and is a business advisor for companies working in the infrastructure and real estate sectors.

He is the founder of A.G. Energia Srl, a company working in renewable energy generation from solar panels. He started his career at Impresit SpA, a construction company which is part of the FIAT Group, and went on to become its Chief Financial Officer and then General Manager.

In 1983, he was instrumental in bringing about the first merger in Italy between the two biggest construction companies (Cogefar and Impresit), which led to the founding of Impregilo, and he remained the CEO and Deputy Chairman of Impregilo until 2002.

Patrizia Michela Giangualano

Patrizia Michela Giangualano holds a degree in Economics and Business from Bocconi University, specialising in Corporate Finance, and a Master’s in Tax Law.

She is an independent director and member of the Board of Directors and Risk Committees of the Mondadori Group and Epta and a director of SEA Aereoporti.

She is a lecturer and coordinator at universities, associations and on masters in the areas of governance, risk, controls and compliance.

After first working in Montedison’s Strategy Department as a business analyst, she joined IBM, where she took on more and more responsibilities, rising from marketing manager to general manager and board member. She was a senior manager in financial services at Ernst & Young and then went on to work at A.T.Kearney, consulting for major national companies on various transformation and development processes. She joined Capgemini in 2005 as the head of banking and retail banking value propositions coordinator, with the title of vice-president. From 2007 to 2016, she was an associate partner at PwC and has consulted on governance, risk and compliance since 2010. From 2016 to 2019, she was a Director of UBI Banca.

Currently, she is a consultant for leading companies on the topics of governance, integrated control systems, 231 regulations and support for SBs, non-financial statements and business transformation.  She is a member of the Scientific Committee for the Sole24Ore Business School for the following Master programs: Board members and statutory auditors of public and private companies and corporate sustainability management (strategy, governance, risk management and ESG performance).

Venanzio Iacozzilli

Venanzio Iacozzilli holds a degree in Civil Engineering from La Sapienza University in Rome and currently consults for ITALTEL on civil infrastructure and integrated facilities.

From 1997 to 2018, he held various prestigious positions at the TELECOM/TIM group, first as the head of the regional organisational structure, then as head of the organisational structure of Telecom Italia Real Estate and as the head of the organisational structure of Telecom Italia Infrastructures & Energy and, lastly, as Special Project Head for “5G Infrastructure Deployment” for TIM.

He was also the CEO of Olivetti Multi Services and a board member of INWIT within the Telecom Italia Group.

He started his career in the civil construction sector as head of operational units at Cozzani & Silvestri and Intercantieri.

Fabiola Mascardi

Fabiola Mascardi holds a degree in Law and a PhD in International Law.

She teaches Law and European Transport Policy as part of the Antitrust and Market Regulation Master’s Programme at the Tor Vergata University of Rome. She is also a visiting professor for the Economics and Utilities Management course at the Engineering Management faculty at Genoa University.

She is a board member of Ansaldo Energia, a company that manufactures gas and steam turbines and constructs turnkey power stations. She is also a board member of Enav, an air traffic control management company, and a member of the Governing Body of the Teatro Carlo Felice Foundation.

She has served as the Chairwoman of IREN Ambiente S.p.A., as well as member of the Board of Directors of IREN S.p.A., a multi-service company which works in electricity and district heating production and distribution, in the integrated water cycle and waste collection and disposal.

She is a business consultant on issues related to Institutional and International Relations, Communication and Business Development.

She was an administrator of the  European Commission from 1993 to 2003. Specifically, she was a member of the Merger Task Force, Directorate General for Competition, the Cabinet of Commissioner Monti and the Cabinet of Vice-President de Palacio, also heading up EU Transport Policy for her.

Valentina Mele

Valentina Mele holds a degree in Economics and Management of Public Administrations and International Institutions from Bocconi University in Milan, a Master’s degree in Public Administration & Public Policy from Columbia University, a PhD in Economics and Management of Business and Public Administration from the Tor Vergata University of Rome and a PhD in Management from the London School of Economics and Political Sciences.

Currently, she is an Associate Professor at Bocconi University within the Social & Political Sciences Department, Course Director for the Masters Programme in Economics & Management of Government and International Organisations, a Member of the Sustainability Advisory Board of the European Aluminium Association, Visiting Professor at the Woodrow Wilson School of Public Policy at Princeton University and permanent visiting professor for Corporate Citizenship and Public Private Partnerships at the University of Geneva.

She has served as an expert for International Bodies (the OECD and the EU) and Italian Ministries (Department of Public Administration and the Ministry for Innovation and Technology), as well conducted considerable scientific work and written many articles and international publications.

She has been an independent director of SIAS S.p.A.

Stefano Mion

Stefano Mion is Senior Managing Director and Co-Head of Ardian Infrastructure US.

While at Ardian, he led a number of transactions both in Europe and in the Americas in wide range of infrastructure sectors (Gas distribution, Renewable energy, Roads, PPP, Airports, etc).

Currently on the board of Ardian US, Windpower Ltd and Maple Canada Solutions.

Previous board experience includes: 2iReteGas, SEA (Chairman of the Remueration Committee), 3New, HISI.

He joined Ardian in 2007. Previously, he worked at Merrill Lynch in the European Leveraged Finance Team in London, UBS Investment Bank in Milan in the Corporate Finance Team and  J.P. Morgan in the TMT team in London.

Education: Luigi Bocconi University of Milan, The Wharton School of Business University of Pennsylvania.

Andrea Giovanni Francesco Pellegrini

Born on 10 September 1964, holds a degree in Business Economics from Bocconi University in Milan and he has earned an MBA from the MIT Sloan School of Management  of Massachusetts Institute of Technology – MIT.

His spent his entire career in investment banking, working for Barclays Bank, Lehman Brothers, Merril Lynch and Nomura in New York, London and in Italy.

In Merrill Lynch he was vested with several offices and also acted as Chairman of the Public Sector, EMEA and Head of Investment Banking Italy.

He was Country Manager and Head of Investment Banking for Italy. During his career he was involved on several extraordinary finance transactions for American, European and mostly Italian companies.

He was subsequently senior advisor of Long Term Partners, strategic consultancy company and Italiacamp, active in the field of innovation on social impact.

He is currently senior advisor of Cassa Depositi e Prestiti and founding partner of Thalia Advisors, boutique consultancy firm.

He is also Director and member of the Strategic Committee of SIA S.p.A., director of DeA Capital Alternative Funds SGR, Directors, member of the Remuneration Committee and member of the Related Parties Committee of Maire Tecnimont.

He was Vice Chairman of the Board of Directors of Italian Hospitality Collection, Director and Chairman of the Control, Risks and Sustainability Committee of SIAS S.p.A.

Barbara Poggiali

Barbara Poggiali holds an Engineering degree from MIT, the Massachusetts Institute of Technology, Cambridge, Massachusetts, USA., earning her Bachelors in 1984, Masters in 1985, and PhD in 1987.

She started her career at  McKinsey & Co., and then went on to Bain.

From 1995 to 2000, she worked at Omnitel (now Vodafone Italy) as a Strategy Director then as a Marketing & Consumer Sales Director.

Afterwards, she worked at E. Biscom S.p.A. (now Fastweb) as Chief Operating Officer until 2002, then moving to Cable and Wireless Plc. as Mobile Group Director.

From 2004 to 2011, she was Chief Development Officer at the RCS Mediagroup and, lastly, from 2009 to 2011, she was CEO and General Manager of Dada S.p.A..

From 2014 to 2017, she held the role of Strategic Marketing Director at Poste Italiane S.p.A., and Chairwoman of PosteMobile.

She is currently an independent director of several listed companies: Falck Renewables S.p.A. (from 2012), ASTM Autostrade Torino-Milano (from 2013) and SnaiTech S.p.A (from 2013). She is also a director of Bocconi University.

Giovanni Quaglia

Born in Cuneo in 1947, Giovanni Quaglia holds a degree in Literature and is a professor of Economics and Business Administration at the University of Turin (Department of Management – Economics and Business Administration Faculty), statutory auditor and journalist. Professor Giovanni Quaglia is also Chairman of the CRT Foundation.

He has proven experience in managing listed companies, bodies, institutions, cultural associations and non-profit organisations.

The various roles he currently holds include Chairman of the Support Committee of Cassa Depositi e Prestiti, and Chairman of the Board of Directors of Asti-Cuneo SpA and SATAP SpA (Turin-Milan and Turin-Piacenza motorway concessionaires).

From 1988 to 2004, he was the President of the Province of Cuneo.

He was a Member of the Unicredit Board of Directors until 2015, as part of the Corporate Governance, HR and Nomination, Related Parties and Equity Investments and Supervisory Board Committees.

In regard to ACRI (the association of Italian Foundations), he was a member of the Board of Directors, the Statutory Auditors and the President’s Bureau (2004-2012).

He is a Knight of the Grand Cross of the Italian Republic.

Micaela Vescia

A lawyer to the Court of Milan, Micaela Vescia graduated maxima cum laude from Tor Vergata University in Rome and specialised at the A. C. Jemolo Regional Institute for Legal Studies of Lazio in Civil, Commercial, Corporate and Civil Procedure Law.

She has worked with the Gatti Pavesi Bianchi Law Firm, providing legal assistance in ordinary and extraordinary corporate law (M&A and Corporate Governance) and commercial law for private and public companies, as well as legal and corporate litigation.

She is currently Legal and Corporate Affairs Director of ATM S.p.A.

She has been an independent director of SIAS S.p.A.

Last update: 24/11/2020