Executive Committee

The Executive Committee is responsible for managing the ordinary activities of the Bank and exercises such management in accordance with the guidance and direction provided by the Board of Directors, without prejudice to those issues for which the Board of Directors has sole jurisdiction.

In particular the Executive Committee is responsible for:

• the Bank’s operating performance, approving resolutions to grant loans and trading involving the Group’s interests in Assicurazioni Generali, RCS MediaGroup and Telco as well as other shareholdings for amounts and percentage values not to exceed those for which the Board itself has jurisdiction;
• drawing up internal regulations;
• establishing the principles for co-ordination and management of the Group companies in execution of the strategic guidelines approved by the Board of Directors.

Resolutions are approved by the Executive Committee with the majority of its members in attendance and voting in favour.

The Executive Committee is currently made up as follows