Mediolanum (company)
Encyclopedia
Mediolanum S.p.A. is an Italian
financial services
company based in Basiglio
near Milan
, founded by Ennio Doris
in 1982. Doris remains the chief executive officer
and largest shareholder
with around 40% of the company today. The second-largest shareholder with over 36% is Berlusconi's Fininvest
. Mediolanum is active in the bank
ing, life insurance
and mutual fund
sectors and aims much of its products towards individuals and families. The firm also operates in other Europe
an countries, notably Spain
where it owns Fibanc. The company is listed on the Borsa Italiana
and a constituent of the FTSE MIB index.
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
company based in Basiglio
Basiglio
Basiglio is a comune in the Province of Milan in the Italian region Lombardy, located about 13 km south of Milan. As of 31 December 2004, it had a population of 8,444 and an area of 8.5 km²....
near Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...
, founded by Ennio Doris
Ennio Doris
Ennio Doris , businessman, founder and chief executive of Mediolanum SpA a large Italian funds management and insurance company.Born in Tombolo, a small village near Padova, Italy on 3 July 1940, Mr. Doris entered the retail asset management field in 1969 when he became a salesman for Fideuram. In...
in 1982. Doris remains the chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
and largest shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
with around 40% of the company today. The second-largest shareholder with over 36% is Berlusconi's Fininvest
Fininvest
Fininvest is a financial holding company controlled by Silvio Berlusconi's family and managed by Silvio Berlusconi's eldest daughter Marina Berlusconi.-Structure:...
. Mediolanum is active in the bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
ing, life insurance
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...
and mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
sectors and aims much of its products towards individuals and families. The firm also operates in other Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
an countries, notably Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
where it owns Fibanc. The company is listed on the Borsa Italiana
Borsa Italiana
The Borsa Italiana S.p.A., based in Milan, is Italy's main stock exchange. It was privatised in 1997 and is a part of the London Stock Exchange Group plc since 2007. In 2005, the companies listed on the Borsa were worth US$890 billion...
and a constituent of the FTSE MIB index.