25+ years serving corporates in the construction, engineering, concession and energy industries at the C level
Has led engagements across Italy, the U.K., Switzerland, Argentina and Brazil
Deep expertise spans project / structured finance, concessions management, mergers and acquisitions, and divestitures
+39 02 8596 4120
Adriano Bianchi is a Managing Director with Alvarez & Marsal and heads the firm’s restructuring practice in Italy. He brings more than 30 years of business experience in C-level and senior roles at multinational corporations and financial institutions. His deep expertise spans multinational operations’, concessions management, M&A.
Mr. Bianchi has worked across industries including steel, energy, engineering and construction, power generation, real estate and plant manufacturing. He has recently been involved in the structuring of the first Italian corporate turnaround project (Pillarstone) with the two leading Italian banks and KKR.
Mr. Bianchi led the A&M team advising an Italian waste management company and co-led the restructuring of a Spanish clean-energy listed company. He also led teams working on the financial and operational restructuring of a Polish steel manufacturer, and with an Italian car designer in its cost-cutting endeavors. He supervised the team involved in the liquidation of the Italian subsidiary of a PE outdoor advertising portfolio company. .
Prior to joining A&M, Mr. Bianchi was CEO of Impregilo International , Impregilo SpA’s HoldCo for the group’s concession portfolio spanning waste, energy, toll roads, power generation, hospitals and water distribution in Europe, Latin America and Asia; CEO of Impregilo Edilizia e Servizi (real estate) and was responsible for the monetization of the group’s bad company . He co-led the firm’s turnaround that restored profitability through select divestitures and business refocusing, sitting on subsidiaries’ boards in the U.K., China, Brazil, Argentina and Italy.
Previously, Mr. Bianchi was CEO of Mirant Italia, part of the Atlanta-based and NYSE-listed IPP, and a member of Mirant Europe’s executive committee and board where he led the development of 1500 MW gas-fired units. Prior, he served as CFO and General Manager of Techint Finanziaria in Milan, part of the Techint/Tenaris Group, focusing, amongst others, on risk and treasury management, M&A, project finance, insurance and HR. He was also an Executive Director of West Merchant Bank in London as Head of the Latin America project and export finance department.
Mr. Bianchi taught restructuring and project finance as a member of the faculty of SDA Bocconi and of Politecnico of Milan graduate schools.
Mr. Bianchi earned a bachelor's degree in business administration, cum laude, from Università L. Bocconi in Milan and an MBA with honors from New York University’s Stern School of Business. He is fluent in Italian, English, French and Spanish, with a basic knowledge of Portuguese and German.