Committee instituted pursuant to article 18(4) of Articles of Association
The Board of Directors has tasked this committee with decisions on the appointment of specific investees’.
Chairman of the Committee: Alberto Nagel
Composition:
- Marco Giorgino
- Valérie Hortefeux
- Angel Vilà Boix
- Francesco Saverio Vinci
The Committee has five members: the CEO, General Manager and three Directors independent and non-executive.
Duties
As permitted by Article 18 of the Articles of Association, the Board has delegated responsibility for decisions to be taken regarding the appointment of members to the governing bodies of investee companies (those in which the Group holds an interest of at least 10%, and the interest itself is worth more than 5% of the Group’s regulatory capital) at the companies’ annual general meetings.