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Banca Carige, shareholders at loggerheads: Mincione asks for the Board of Directors to be revoked

After the resignations of the two directors and of the former president Tesauro, the board meets today to take stock of the situation - Through a letter Raffaele Mincione asks for the convening of a meeting in September with the revocation of the old board on the agenda and the appointment of a new board – Title down to Piazza Affari

Banca Carige, shareholders at loggerheads: Mincione asks for the Board of Directors to be revoked

I continue governance problems in the Carige house. After the resignation of the three directors and the controversies that have marked the last few weeks, Raffaele Mincione, who holds more than 5% of the capital of the Genoese bank through the company Pop12 and Time & Life, has requested the revocation of the board.

The news was communicated by the financier himself who explains that he had sent a letter to the board of directors of Banca Carige "to request the convening of the meeting for the next month of September, with the agenda the revocation of the board of directors of the bank and the consequent appointment of a new board of directors“. The proposal is already being examined by the board currently meeting to take stock of the situation and try to restore the functioning of the committee after the earthquake.

“I took this decision – continues Mincione in a note – as a necessary act to protect the correct continuation of the growth plan and the future development of Banca Carige, with the aim of defending its value. In fact, I believe that the situation at the governance level has suddenly worsened and the favorable context for management to carry forward the actions already started and necessary for the restructuring of the Bank, those approved and also desired by the ECB and the Bank of Italy".

Recall that in the last two weeks they decided to leave Francesca Balzani, the president Giuseppe Tesauro and Stefano Lunardi due to differences with CEO Paolo Fiorentino on the governance and management of the institute. To make the picture even worse is the lawsuit for defamation that the managing director Paolo Fiorentino is preparing against the former president Giuseppe Tesauro who, in several venues, has raised a moral problem linked to an interception between Fiorentino and the builder Luca Parnasi.

On the appointments front, to date the position of president is held ad interim by Vittorio Malacalza, vice president (as required by the statute) of the Ligurian institute and first shareholder with a stake just over 20 percent. According to press rumors, the councilor Giuseppe Pericu will fill the role of president after the resignation of Tesauro and the interim of Malacalza.

Meantime the title recovers ground in Piazza Affari after the losses recorded in the morning and at 12.30 the shares travel in parity.

(Last update: 12.30).

 

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