![]() Oakland California, JNEWSWIRE Aditum Bio, the biotech investment firm co-founded in 2019 by former Novartis CEO Joe Jimenez and former President of the Novartis Institutes for BioMedical Research (NIBR) Dr. He is a graduate of Bocconi University in Milan and holds a Master of Science in Business Administration.įounded in 1950, BDO Luxembourg has 500 staff working across three offices, of which 26 are partners. Ancora Bio is the fifth company formed by Aditum Bio. ![]() Commenting on his new challenge, he said, “I thank BDO for having given me the opportunity of being part of a team of top-tier professionals.”Īncora has been working and living in Luxembourg for four years now, having relocated to the Benelux country in the summer of 2015 from Italy. The main sectors he serves are infrastructure, renewable energy, fund managers, real estate and companies seeking to ramp up their ESG footprint.Īccording to his LinkedIn bio, Ancora – who is proficient in four languages – has completed more than 500 corporate finance engagements. At BDO, Ancora will focus on a range of financial advisory services, including M&A consulting, business valuation, due diligence and capital raising, with a further focus on multinational and larger local companies, institutional investors and family offices. Earlier in his career, he learned the trick of the trade at two small Milan-based financial consulting companies. ![]() At Deloitte, his most senior role was that of Senior Manager in the firm’s Corporate Finance team. Most recently, Ancora was Head of Valuation & Business Modelling at EY in Luxembourg, in this capacity managing a team of ten international corporate finance professionals. Previously, he spent eleven years at EY – across two spells – and three years at Big Four peer Deloitte, also across two spells. He joined BDO from mid-tier rival Mazars, where he briefly headed the firm’s Financial Advisory Services team in Luxembourg. Italian-origin Ancora brings two decades of experience in corporate finance and financial advisory services to the global professional services firm. BDO has bolstered its Advisory partner team in Luxembourg with the hire of Edoardo Battista Ancora.
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