Audit and risk committee

last update  25/07/2016
 
 

Banca Generali's Board of Directors has set up an Audit and Risk Committee vested with consultative and recommendatory functions in respect of internal controls and risk management. The Committee assists the Board of Directors in laying down the guidelines of the internal control and risk management system, periodically checking that said system is adequate to the bank’s characteristics and risk profile, reviewing its effective functioning and also ensuring that the major company risks (credit, financial and operating risks) have been identified, adequately measured, managed and monitored, as well as determining the degree to which such risks are compatible with management of the enterprise in accordance with the strategic goals identified, in liaison with the responsible company functions.

Only non-executive and independent directors may sit on the committee (as defined in the Corporate Governance Code of Listed Companies adopted by the Italian Stock Exchange). The number of members has been set at four.

The Audit and Risk Committee is made up of the following members.

 

Anna Gervasoni

Independent, non-executive director
 

Independent: Yes
Starting date: 23 April 2015
 

 
Avatar Contatto - UOMO

Independent, non-executive director
 

Indipendent: No
Starting date: 23 April 2015

 
Avatar Contatto - DONNA

Independent, non-executive director
 

Indipendent: No
Starting date: 23 April 2015

 
Avatar Contatto - UOMO

Independent, non-executive director
 

Indipendent: No
Starting date: 23 April 2015

 

Committee meetings are generally held at least four times a year and, in any event, with the timeliness necessary to allow a full treatment and discussion of any and all matters on which the Committee may be requested or required to report of the Board of Directors. Apart from Committee members and the Chairman of the Board of Auditors shall attend Committee meetings. At the invitation of the Committee Chairman, Committee meetings may also be attended by other top managers, the head of control functions, the heads of other corporate departments, the manager in charge of drawing up the company’s accounting documents and any and all other persons whose presence may be considered useful.

 

Generali Group
Numero Verde 800-155155