The Bank of Italy Circular no. 285 of 17/12/2013 and subsequent amendments, Part I - Title IV - Chapter I, concerning corporate governance, provides that the Board of Directors identifies, in advance, its optimal qualitative and quantitative composition, identifying and justifying the theoretical profile of the candidates considered appropriate for these purposes.
Seeing that as of 1 January 2019 Cassa Centrale Banca ranks among the largest and most complex banks and is subject to the Supervision of the European Central Bank, taking into account the indications on the matter from the European Banking Authority and the European Central Bank, the following updates have been implemented:
- the “Model for the definition of the optimal qualitative and quantitative composition of the Board of Directors”, which identifies the qualitative and quantitative composition of the Board of Directors considered optimal in relation to the achievement of the objective of the correct fulfilment of the functions with which it is entrusted;
- the “Regulation of the self-assessment process of Cassa Centrale Banca corporate bodies” and the attached self-assessment questionnaires for the Board of Directors, for members of Internal Board Committees and for the Board of Statutory Auditors.