(Finance) – The board of directors Of Mediobanca due will file its own list of candidates to the position of director. This was confirmed by the board itself in the Report on the qualitative and quantitative composition of the Board of Directors, published in view of the next shareholders’ meeting on 28 October.
The BoD, in order to allow its shareholders a better assessment of the profiles of the candidates for the office of director, will deposit and make its list public at least 30 days before the meeting. The terms of the law apply to the other lists: they must be filed at least 25 days before the meeting and will be published at least 21 days before.
The outgoing board of directors expressed the hope that the next board will include, among other things: the confirmation of the number of 15 directorsi.e. the current size, largely independent as defined above; a number of directors chosen from among the outgoing ones adequate to ensure continuity and effectiveness of management; an adequate level of diversity of experience and skills; in order to mitigate the risk of conflicts of interest, the absence of directors who hold, or have held in the last 6 months, the position of executive director or top manager in companies belonging to banking groups or are, directly or indirectly for through trustees, subsidiaries or nominees, shareholders with stakes exceeding 3%.
For the presidentDesirable requirements include: ten years of recently acquired professional experience including a significant portion in senior management positions and significant technical knowledge in banking or equivalent; high professional profile and values, high level of intellectual independence and integrity to ensure good governance and sound and prudent management; consolidated reputation on the Italian and international market and ability to represent the bank towards local and international regulatory bodies, as well as relevant institutions.