The Chairman is responsible for directing and overseeing the functioning of the Board of Directors and has the powers provided by law and under the by-laws

The Shareholders’ Meeting held on 28 April 2017 appointed Roberto Scaramella as Chairman of the Board of Directors.

With resolution adopted on 4 May 2017, the Board of Directors delegated to the interim Chairman the supervision of internal audit activities and, together with the Chief Executive Officer, the responsibility of managing national and international institutional relations.The Chairman, in agreement with the Chief Executive Officer, takes also care of external communication activities and relations with national and foreign media.

Following the resignation submitted by Ing. Roberto Scaramella, Chairman elected by the Shareholders' Meeting on 28 April 2017, on 8 November 2018 the Board of Directors appointed Director Nicola Maione as Chairman of the Board of Directors, with the same powers conferred to Roberto Scaramella.

 

Nicola Maione, graduated in Law from the University of Rome “La Sapienza”, is an attorney qualified to argue before the Supreme Court of Appeals (Corte di Cassazione). He has extensive academic experience in civil and commercial law and is the author of numerous publications. He held positions as bankruptcy trustee, government commissioner and liquidator of cooperatives, judicial commissioner under Legislative Decree 270 of 8 July 1999 and member, as an expert, of the Supervisory Committee of the Bernardi Group S.p.A, of Go Kids S.r.l. and Nuova Sofia S.r.l. in Special Administration. He has been a legal advisor in significant corporate restructuring operations, bankruptcy proceedings and for corporate groups in special administration. He has also been chairman of the supervisory body of a leading financial company. Formerly a director of Milano Assicurazioni S.p.A. and Prelios Credit Servicing S.p.A., since December 2017 he has been a member of the Board of Directors of Banca Monte dei Paschi di Siena S.p.A. Since July 2018, he is also been a member of the Council of the Italian Banking Association.