The Parent Company has adopted a "traditional" administration and control system with a Board of Directors and Board of Statutory Auditors, both appointed by the shareholders' meeting. The Board of Directors is responsible for the strategic oversight and management of the company, while the Board of Statutory Auditors performs the functions of monitoring compliance, proper administration and the adequacy of the company's organisational and accounting structures.

The Parent Company has assigned the role of Supervisory Body pursuant to Italian Legislative Decree no. 231/2001 to the Board of Statutory Auditors, which among other things supervises the operation of and compliance with the 231 Model adopted.

 

The Board of Directors of Iccrea Banca is composed of 15 directors, 10 of whom are elected from among the directors of the Cooperative Credit Banks belonging to the Group. The six women and nine men of the Board have an average age of about 63 years. There are no directors representing minorities.

The current Board of Directors was appointed by the Shareholders' Meeting of 16 June 2022 for the financial years 2022-2024.
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Information updated as at 22 November 2024​​​​​​​​

 

Iccrea Banca's Executive Committee, which has been delegated specific management functions related to the day-to-day business of the company, is composed of five members, including the Chair.The members of the Executive Committee are all men, with an average age of about 63 years.

The Executive Committee currently in office was appointed by the Board of Directors for the financial years 2022-2024.

Composition of the Executive Committee:

  • Francesco CARRI (Chair)
  • Nadia BENABDALLAH
  • Maurizio LONGHI
  • Roberto OTTOBONI
  • Flavio PIVA



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Each of the internal board committees set up by the Board of Directors is composed of three non-executive directors, two of them independent, with the exception of the Control and Intervention Committee for Affiliated Banks, within which all the Directors are independent. They differ in at least one member.​​

Appointment Committee 

The Appointment Committee advises, examines and makes proposals to the Parent Company's Board of Directors on the appointment and co-option of directors, self-assessment of Corporate Bodies and the definition of succession plans for the general manager, as well as preparing the opinions requested of the Parent Company in this area. The Appointment Committee also supports the Board of Directors in defining the personal and professional requisites of the candidates for the top management of the Parent Company's Corporate Functions and collaborates with the Risk Committee in order to identify the proposal of the heads of the Parent Company's Control Functions to be appointed.

The Appointment Committee consists of three women, with an average age of 55:

  • Laura ZONI (Chair)
  • Paola LEONE
  • Paola PETRINI

Remuneration Committee

The Remuneration Committee advises, examines and makes proposals to the Parent Company's Board of Directors on remuneration and incentive policies and systems, in accordance with the Supervisory Provisions and as set out in the relevant Group policies. In this context, it cooperates with the other internal board committees and ensures appropriate functional and operational links with the competent Corporate Structures in the process of drafting and controlling the Group's remuneration and incentive policies and practices.

The Remuneration Committee consists of two men and one woman with an average age of 71 years.

  • Paola LEONE (Chair)
  • Giuseppe GAMBI
  • Luigi MENEGATTI

Risk Committee

The Risk Committee advises, examines and makes proposals to the Parent Company's Board of Directors on the subject of risks and the internal control system, so that the Corporate Body can correctly and effectively determine the risk appetite framework and risk governance policies.

The Risk Committee consists of two men and one woman with an average age of 67 years:

  • Enrica RIMOLDI (Chair)
  • Lucio ALFIERI
  • Luigi MENEGATTI

Control and Intervention Committee for Affiliated Banks (CIBA)

The CIBA Committee advises, examines and makes proposals to the Parent Company's Board of Directors in areas relating to the Guarantee Agreement and the control systems of and interactions with the Affiliated Banks, with a particular focus on the definition of the methodological and systemic elements, the logics and mechanisms of the operation and governance of the underlying process, the classification of the Affiliated Banks according to risk level and the identification of the Parent Company's actions vis-à-vis the Affiliated Banks. The CIBA Committee is also entrusted with the task of assessing transactions with related parties, within the limits of the role attributed to it by the relevant regulatory provisions.

The CIBA Committee consists of two women and one man with an average age of 69.

  • Luigi MENEGATTI (Chair)
  • Enrica RIMOLDI
  • Laura ZONI

ESG Committee

The ESG Committee – as needed with the support of external experts – has a propositional and advisory function vis-à-vis the Board of Directors with respect to evaluations and decisions related to issues concerning sustainability and cooperative identity.

The Committee oversees sustainability issues within the scope of the powers assigned to it, in accordance with the strategic guidelines defined by the Board of Directors.

In performing its advisory and proposing functions vis-à-vis the strategic oversight body, the Committee avails itself of the support of the Group Sustainability & ESG Strategy Organisational Unit, as well as of all other organisational supervisory bodies.

The ESG Committee consists of two women and one man with an average age of 60.

  • Giuseppe GAMBI (Chair)
  • Paola PETRINI
  • Enrica RIMOLDI

 

The Board of Statutory Auditors of Iccrea Banca is composed of three standing members, including the Chair, and two alternate members. The three standing members of the Board include two women and one man, with an average age of about 50 years.

Il Collegio Sindacale attualmente in carica è stato nominato dall’Assemblea dei soci del 16 giugno 2022 per gli esercizi 2022-24.

Information updated as at 3 March 2023​​​​