Control and Risks Committee

The Control and Risks Committee is currently composed of 5 non-executive Directors, all of which are "independent" and are assigned the task of supporting - with appropriate auditing activities - the assessments and decisions of the Board of Directors pertaining to the internal control and risk management system as well as those relating to the approval of periodical financial reports.

 

The Committee is also entrusted with monitoring the autonomy, compliance, efficacy and efficiency of the Internal Audit department: the Committee monitors the latter's activities if the Chairman of the Board is delegated operating powers.

 

Committee activities are governed by specific Regulations that are approved by the Board of Directors.

 

The composition of the Committee is also consistent with the recommendation, made by the Code, as to the presence of at least one member who must have an adequate experience in accounting and financial or risk management issues, evaluated by the Board at the moment of the appointment

 

The Committee also acts as “Committee for Related Parties Transactions”, in compliance with the provisions of the specific Procedure adopted by the Board of Directors.

 

updated on 16th of May 2017

 

Control and Risks Committee Members
Paolo Cantarella (Chairman, independent)
Guido Alpa (independent)
Fabrizio Landi (independent)
Silvia Merlo (independent)
Luca Bader (independent)

 

 

  Rules of the Control and Risks Committee

 

0