(Finance) – General communicated that, as part of the definition of the orientation opinion of shareholders who will be published in the next few days, the Board of Directors ha decided not to proceed with the presentation of a list for the renewal of the body of management of the company, in light of the fact that “the reference regulatory framework is not yet complete and the times, at the State, would not be compatible with the process of authorization and approval of the changes of the necessary statute”.
Even if it does not make a specific reference, Generali alludes to the fact that The CONSOB regulation is still awaited To implement the new discipline of the board of the board planned in the Capital lawwhich introduced a series of complications, which experts have interpreted just as a way to influence the renewal of Generali’s board.
On 19 December Consob started a new consultation with the financial market to implement the regulatory delegation provided for by the capital law with reference to the presentation of the lists by the outgoing board of directors. The new consultation will end on January 31, 2025.
The Board of Directors – reads the General Note – has in the same context “defined as the characteristics and skills useful for the best composition of the future management body, which will be worth as a reference for the training and evaluation of the lists of the shareholders, also indicating that the majority of the councilors in office (including the President and the CEO) expressed his own willingness to consider a possible application“.