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Bpm in the name of continuity: the Friends win at the meeting. President announced

Bpm, the Friends win the assembly in the name of continuity. Uilca-Uil and Fisac-Cgil triumph with the support of Andrea Bonomi who prevail over Fabi and Fiba-Cilc with the support of Matteo Arpe. Filippo Annunziata president of the Supervisory Board and Bonomi of the management one. Green light to the dual. New letter from Bank of Italy

Bpm in the name of continuity: the Friends win at the meeting. President announced

All in the name of continuity. At the Bpm meeting, the Amici list, supported by the Uilca-Uil and Fisac-Cgil trade unions and to which Andrea Bonomi's private equity fund Investindustrial refers, clearly won over the other lists, collecting 4.246. Above all, the list supported by Fabi and Fiba-Cisl to which Matteo Arpe's Sator refers, which received 2.274 votes, was defeated. The training of non-employee shareholders, led by Piero Lonardi, received 2.375 votes.

Consequently Filippo Annunziata, the accountant who was the leader of the Amici list, will be president of the supervisory board of Bpm and Bonomi of the management board. Chiesa will remain CEO of the bank, Messori has instead left the Supervisory Board.

Indeed, the assembly approved the dual system by a large majority. It remains to be seen what the Bank of Italy, which has sent a new letter to the BPM, and Consob will say.

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