Banco Popolare's new Board of Directors, which met for the first time yesterday under the chairmanship of Carlo Fratta Pasini, he confirmed Pier Francesco Saviotti in the position of managing director. Also named Maurice Faroni e Dominic De Angelis respectively as director and co-director general. The institution itself communicates it in a note.
The Board also approved the draft fusion in the Banco Popolare delle local banks, with the new organizational model. Finally, green light for the establishment of the Executive Committee, the Internal Control and Risk Committee, the Remuneration Committee and the Appointments Committee. Finally, during the session, the release for tax purposes of goodwill and other intangible assets was resolved.
