Interim Group Chief Strategy Officer — Benefits Recovery
Italy·Banking & Financial Services·· Milan·Posted 16 September 2026
Applications close 26 December 2026
Cooperative or mutual banking and financial services organisation
The problem this seat exists to solve
Benefits promised by a member-owned bank's strategic programme must appear in day-to-day operations within 24 months. An Interim Group Chief Strategy Officer, reporting to the Board Strategy Committee, will make sure they do.
Judgements between the programme report and the operating ledger
Benefits are easy to claim and hard to find. A programme reports that a new process saves time, and the time saved is never taken out of anyone's workload. A digital channel is credited with a lower cost to serve, and the old channel's costs remain. The Interim Group Chief Strategy Officer will face a series of judgement calls about where claimed benefits really are.
The first is what counts as evidence. A benefit that appears only in a programme report is a forecast; one that appears in the operating reports line leaders already use is real. You will decide, programme by programme, which measure settles the question, and agree it with the people who will be measured. The second is when to stop. Some programmes with thin evidence are early and need time; others have had their time and will not deliver. Telling the two apart is the heart of the role, and in a cooperative or mutual, where any surplus belongs to members rather than outside shareholders, money spent on benefits that never arrive has a particular kind of cost. The third is where local judgement should survive. Anyone who has worked across three or more countries knows that some differences in how benefits are measured are legitimate and some are simply protected variation. You will decide which is which, and write the boundary down.
You hold executive authority to act on those judgements. You will set how programme decisions are allocated and the thresholds local leaders retain, and agree the evidence on which spending, resourcing and control decisions rest. You will rule on whether each commitment continues, turn away any proposal that leaves cost or risk unclaimed, and decline investment where the case does not address adoption, dependencies or the downside. Who leads each programme, and how issues reach the committee, will be yours to approve, giving it a regular view of progress, exceptions and decisions still pending.
The 24 months, measured in operations
In the first ninety days, each programme's promised benefits should be restated as operational measures with accountable line owners, and that restatement agreed with the Board Strategy Committee. By month nine, those benefits should be tracked in day-to-day operating reports, and programmes showing no benefit should have been paused or brought to an end. By month 24, the benefits should be evidenced in operations and owned by line leaders, with the committee reviewing them on a set cadence and no longer needing an interim strategist to assemble the picture.
Judgement tested while authority moved
Organisations with at least $450 million in revenue, and 700 people or more in three countries, are where you have led strategy or transformation, including periods when the business had to keep running while leadership authority passed from one person to another. The committee will weigh your experience of professionalisation, succession and scale-up, and expects strategy formation at level 4, with value case, PMO governance and change adoption at level 3. You can give a board committee an honest account of what is unresolved without using it to buy time. A stop decision, for you, does not need the agreement of every country leader, and you will answer for the full term.
From committee to boardroom
First, during week one, the Board Strategy Committee meets you over a private video link to talk about the programme and what evidence of benefit would satisfy you. Week three is reserved for the Risk Committee Chair, who will explore with you the benefits that carry risk if they are overstated. In week five you spend time in person with executive leaders from each function, the line leaders who would own the benefits, and in week 7 you meet the board's directors in full. The longest you will wait after any stage for our comments in writing is four working days.
Terms
- Where the board sits
- Milan, Italy
- Applications close
- 26 December 2026
- Appointment
- Interim executive
- Engagement
- Fixed-term interim mandate · Hybrid · reports to the Board Strategy Committee
- Compensation
- USD 295,000–380,000 equivalent for the defined term
Before you apply — this is an executive role
An interim seat needs work authorisation. A board seat in Italy usually does not.
This is the single most common way a cross-border interim engagement falls apart after it has been agreed. The visa-free position that applies to a non-executive director attending board meetings does not extend to an executive or operating role.
- Position in Italy
- A non-executive director attending board meetings does not require a permit. Executive roles for non-EU nationals do, and are subject to the immigration decree quotas.
- On this brief
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