(Alliance News) - Terna Spa announced Thursday that, as of Sept. 1, Francesco Beccali, currently the group's finance manager, will assume the role of director of administration, finance and control.

Born in Rome in 1973 and with a degree in economics and business administration, Francesco Beccali joined the group in 2011 as head of finance, the company specified in a note. Previously, he had worked at BNP Paribas, BNL and Cofiri.

At Terna, he was also a board member of CGES - Crnogorski Elektroprenosni System-, the company that manages Montenegro's electricity transmission grid.

Based on information available to the company, as of today Beccali does not hold any shares in Terna.

Terna on Wednesday closed up 0.6 percent at EUR7.30 per share.

By Chiara Bruschi, Alliance News reporter

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