The corporate control function is mandated to the Board of Statutory Auditors, which is, inter alia, in compliance with the Regulatory provisions, mandated with the task to oversee:
- the compliance with legal, regulatory and Articles of Association provisions;
- the compliance with the principles of correct administration; the adequacy of the organizational, administrative and accounting structure and its actual operation;
- the adequacy of the organizational, administrative and accounting arrangement, and its proper functioning;
- the completeness, adequacy and reliability of the Internal Control System, and of the Risk Appetite Framework (RAF);
- the Bank's exercise of the direction and coordination activity,
- the legal review process of annual accounts and consolidated accounts and the independence of the external auditors, in particular as it regards the provision of non-audit services;
- the other acts and events set forth and identified by the law, performing all functions mandated to it pursuant to the relevant regulation.
The Board of Statutory Auditors verifies, in particular, the effectiveness and adequate coordination of all functions and structures involved in the Internal Control System, including the auditing firm in charge of the Bank's legal audit, the correct fulfilment of their duties, and promoting, if the case, the appropriate remedial measures.
|Name||Date of birth||Title||Appointment date||End of office||No. other |
|31/08/1956||Chairman of the Board |
of Statutory Auditors(*)
|04/11/2015||Appr. Financial Statements |
|Patrizia Paleologo |
|24/01/1957||Standing Auditor(**)||04/11/2015||Appr. Financial Statements |
|06/10/1969||Standing Auditor(***)||13/02/2017||Appr. Financial Statements |
|06/01/1974||Substitute Auditor||04/11/2015||Appr. Financial Statements |
|13/05/1950||Substitute Auditor||31/03/2016||Appr. Financial Statements |
(*) Appointed for the Chairman of the Board of Statutory Auditors by the Shareholders' Meeting of the 13/02/2017, effectively subordinated by the start of trading of the shares on the MTA.
(**) Took over the office of Standing Auditor on the 16/02/2016, confirmed by the Shareholders' meeting on the 31/03/2016.
(***) Appointed by the Shareholders' Meeting on the 13/02/2017, effectively subordinated by the start of trading of the shares on the MTA.