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Intesa Sanpaolo SpA (ISP.MI)

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Summary

Name Age Since Current Position

Gian Maria Gros-Pietro

76 2016 Chairman of the Board

Carlo Messina

56 2016 Chief Executive Officer, Managing Director, General Manager

Giovanni Costa

75 2010 Executive Deputy Chairman of the Management Board

Stefano Del Punta

58 2016 Chief Financial Officer

Rosario Strano

55 2018 Chief Operating Officer

Bruno Picca

68 2013 Member of the Management Board, Chief Risk Officer

Davide Alfonsi

56 2016 Chief Risk Officer

Andrea Tamagnini

Investor Relations Officer

Stefano Barrese

48 2016 Head of Domestic Commercial Banking

Tommaso Corcos

56 2015 Head of Asset Management Division

Nicola Fioravanti

56 2015 Head of Insurance Division

Giovanni Gilli

64 Head of Capital Light Bank

Paolo Grandi

64 2013 Chief Governance officer

Alfonso Guido

52 2018 Chief Cost Management Officer

Ignacio Jaquotot

60 2013 Head of International Subsidiary Banks Division

Stefano Lucchini

56 2018 Chief Institutional Affairs and External Communication

Mauro Micillo

48 2015 Head of the Corporate and Investment Banking Division; Chief Executive Officer of Banca IMI

Paolo Molesini

61 2015 Managing Director and General Manager of Fideuram - Intesa Sanpaolo Private Banking S.p.A.

Massimo Proverbio

60 2018 Chief IT, Digital and Innovation

Marco Rottigni

57 2018 Chief Lending Officer

Claudio Testa

55 2018 Chief Audit Officer

Franco Ceruti

66 2016 Director

Gianfranco Carbonato

73 2016 Independent Director

Francesca Cornelli

55 2016 Independent Director

Maria Cristina Zoppo

46 2016 Independent Director

Edoardo Gaffeo

50 2016 Independent Director

Giorgina Gallo

58 2016 Independent Director

Rosella Locatelli

58 2016 Independent Director

Marco Mangiagalli

69 2016 Independent Director

Maria Mazzarella

67 2016 Independent Director

Milena Motta

59 2016 Independent Director

Alberto Pisani

63 2016 Independent Director

Livia Pomodoro

2016 Independent Director

Giovanni Tempini

56 2016 Independent Director

Daniele Zamboni

58 2016 Independent Director

Biographies

Name Description

Gian Maria Gros-Pietro

Prof. Gian Maria Gros-Pietro serves as Chairman of the Board at INTESA SANPAOLO SPA since April 27, 2016. He is currently the (non executive and independent) Chairman of ASTM S.p.A. and the Lead Independent Director of Edison S.p.A.. He is a member of the ABI Executive Committee and of the Corporate Governance Committee of Borsa Italiana. At LUISS University, where he currently sits as a member of the Board of Directors, he served as Head of the Department of Economics and Business from 2004 to 2011. Full professor of Business Economics first at Turin University and then at LUISS University, from 1974 to 1995 he was the Manager of the Institute for Economic Research on Firms and Growth, the main body of CNR, the Italian National Research Council, in the economic field. He was an Independent Director at Fiat for nine years (2005-2014), also chairing the Audit Committee, and was the Chairman of Atlantia from 2002 to 2010. Worth mentioning among his previous assignments is the role of Chairman of ENI (1999-2002) and IRI (1997-1999). At banking level, he was a Director at Credito Valtellinese (2010-2012), Chairman of Credito Piemontese (2009-2011), a Senior Advisor for Italy of Société Générale Corporate & Investment Banking (2005-2009), a member of the European Advisory Board of Rothschild & Cie Banque (2002-2005), a Director of Banca CRT (2000-2002).

Carlo Messina

Mr. Carlo Messina serves as Chief Executive Officer, Managing Director, General Manager of Intesa Sanpaolo SpA. He he began his career in Banca Nazionale del Lavoro in 1987, where he held the position of Manager in charge of the Corporate Finance and Primary Markets Department. While developing his professional career, he carried out intense academic activities as Professor of Economics of Financial Intermediaries at the Business Administration Master of the Luiss School of Management and as Professor of Corporate Finance at the Department of Economics and Business of Ancona University. In 1992 he joined Bonifiche Siele Finanziaria (Parent Company of the Banca Nazionale dell’Agricoltura banking group), where he held the position of Manager in charge of the Planning and Strategic Control Department. In 1996 he took on the role of Manager in charge of Planning at Banco Ambrosiano Veneto, where in 1997 he became the Manager in charge of the Planning Department. In Banca Intesa, he held the position of Head of Planning and Banking Research Department from 1998 and went on to become Head of the Management Control Head Office Department in 2001 and Head of the Planning and Control Head Office Department in 2002. In Intesa Sanpaolo, in 2007 he became Head of the Value Creation Governance Area, and then became Chief Financial Officer in 2008 and General Manager and Chief Financial Officer in 2012. In May 2013, he became General Manager and Head of the Chief Financial Officer Governance Area, and in June 2013 General Manager, Head of the Chief Financial Officer Governance Area, and Head of the Banca dei Territori Division. In September 2013, he took on the role of Managing Director and CEO (Management Board), General Manager, and Head of the Banca dei Territori Division.

Giovanni Costa

Mr. Giovanni Costa serves as Executive Deputy Chairman of the Management Board of Intesa Sanpaolo SpA since May 7, 2010. He taught at the Ca’ Foscari University in Venice, at the SDA Bocconi in Milan, the CUOA of Vicenza, the ESSEC in Paris and was the Honorary Vice Chancellor at Padua University to deal with the Relationships with businesses and financial institutions, establishing the Office for Technological Transfer and taking various initiatives in favour of start-ups and university spin-offs. From 1976 to 2001 he provided professional directional consultancy, taking part in managerial development projects in Italian and international companies and in public administrations. He held several posts in companies and bodies, including: member of the Supervisory Board of Intesa Sanpaolo (2007- 2010) and Deputy Chairperson of the Management Board of Intesa Sanpaolo (2010-2016), Board Director of Sanpaolo Imi Fondi Chiusi Sgr, member of the General Council of Fondazione Cassa di Risparmio di Padova e Rovigo and Chairman of Cassa di Risparmio del Veneto. Since 2007, he has been a Board Director of Edizione S.r.l., a major Italian holding for industrial investments. He is the author of several volumes and essays on management, business organisation and strategy and collaborates with many Italian and international economic-managerial journals.

Stefano Del Punta

Mr. Stefano Del Punta serves as Chief Financial Officer of Intesa Sanpaolo SpA. He graduated in Economics at the University of Rome. In 1988, he joined the Finance and Investment Division of IMI S.p.A.. In 1992, he was transferred to IMI Securities Ltd in London and, at the end of the same year, he became General Manager of IMI-CPR in Paris. In 1994, Stefano Del Punta was appointed head of Risk Control and Planning at IMI Bank Luxembourg. In 1995, he became Managing Director of Mabon Securities (IMI Group) in New York. In 1997, he was appointed General Manager of Turis A.G. (IMI Group) and, in April 1998, he returned to the IMI headquarters in Rome as head of the International Loans Department. After the merger with Sanpaolo Bank, he was appointed head of the International Corporate and Structured Finance Division. After a short period at Banco di Napoli as head of Planning & Control, in April 2002 Stefano Del Punta became head of Group Finance of Sanpaolo IMI. In 2007, after the merger with Banca Intesa, he became Treasurer of Intesa Sanpaolo. He was a member of the Management Board of Intesa Sanpaolo from May 2014 to April 2016. He is a member of the Board of Fondo Interbancario di Tutela dei Depositi.

Rosario Strano

Mr. Rosario Giacomo Strano is the Chief Operating Officer of the company. Graduated cum laude in Law at the University of Bari, he started his professional career in 1989 in Banco di Roma from where he moved after a short period of time to join Alitalia where he remained for more than 8 years as Head of Human Resources and Industrial Relations at first in the Technical Division and afterwards in the Customer Service Division. In 1997 he left Alitalia to join the luxury hotel chain “Baglioni Hotels” where he was appointed as Human Resources Director. From 1998 to 2000 he took over the position of Head of Human Resources and Industrial Relations in ANSA, the Italian National Press Agency. In May 2000 he joined Poste Italiane S.p.A. as Head of Industrial Relations of Central & Southern Italy until October 2002. He joined the Group in October 2002 (formerly Banca Intesa) where, until December 2006, he was appointed as Head of Human Resources and Organization of the Italian and International Subsidiary Banks Divisions. From January 2007 to August 2009, within the International Subsidiary Banks Division of Intesa Sanpaolo, he was the Head of Human Resources and Organization and then, from September 2009 to July 2015, he became the Head of Resources & Governance Department in charge of Human Resources, Governance Systems and, until October 2013, also IT and Legal. He was appointed as the Intesa Sanpaolo Group Human Resources Director in August 2015. In January 2018 he took on the responsibility of the Chief Operating Officer Area. Furthermore he is Member of the Board of Directors of Bank of Qingdao and of Intesa Sanpaolo Group Services and was previously a member of the Board of Directors of Banca Intesa Russia, Intesa Sanpaolo Bank Albania and Privredna Banka Zagreb as well.

Bruno Picca

Mr. Bruno Picca serves as Member of the Management Board, Chief Risk Officer of Intesa Sanpaolo SpA since May 9, 2013. He he is enrolled in the Register of Chartered Accountants and in the Register of Statutory Auditors. After working as a researcher at the Turin-based Fondazione Giovanni Agnelli (1971-1974) and following an assignment at SIP S.p.A. (now Telecom) in the management control sector (1974-1976), he worked for all of its professional career at Sanpaolo (now Intesa Sanpaolo), where he held several posts first in the territorial branches and then at the Head Office in the sectors of General Secretariat, Shareholdings, Financial Statements, Management Control, Branch coordination and Finance. From 1993 to 2000, he was the Head of the Financial Statements and Management Control Unit and, subsequently, of the Financial Statements and Administration Division, and then became “Financial” Deputy General Manager at Sanpaolo IMI. From 2001 to 2004, he was the Manager of the Italy Banking Network of Sanpaolo IMI and also held the post of Managing Director of Banco di Napoli. From the end of 2004 until the end of 2006, he was Chief Financial Officer of the Sanpaolo IMI Group. From 2007 to 2008, he was Head of the Administration Governance Area and the Manager responsible for preparing the Intesa Sanpaolo Group’s financial reports. From 16 June 2008 to April 2016, he served as Chief Risk Officer of the Intesa Sanpaolo Group and, in May 2013, he joined the Management Board of Intesa Sanpaolo. He is a Board Director of Intesa Sanpaolo Group Services S.c.p.A. and of the Association of the National Interbank Deposit Guarantee Fund (Voluntary Scheme).

Davide Alfonsi

Mr. Davide Alfonsi serves as Chief Risk Officer of Intesa Sanpaolo SpA since May 2, 2016. He graduated in Economics at the University of Turin in 1988 and is enrolled in the Register of Chartered Accountants and in the Register of Statutory Auditors. He started his career with Arthur Andersen, where he built up significant experience in auditing and consulting during his 10 years, working principally in the Financial Sector. He joined Sanpaolo in 1988 and in the same year he was appointed Head of Risk Control of Sanpaolo IMI. In 2004 he became Head of the Group Risk Management function. In January 2007, after the merger between Intesa and Sanpaolo, he was appointed head of the Group Risk Management Department and in June 2015 he became Group Risk Manager, deputy to the Chief Risk Officer. Among other relevant experiences, he was a member of the CEBS’ Consultative Panel (now EBA) from 2006 to 2010 and was a member of GEBI (Group of Experts in Banking Issues) for the European Commission from May 2010 to October 2011. Since February 2013 he has been the Chairman of AIFIRM (Italian Association of Financial Industries Risk Managers).

Andrea Tamagnini

Stefano Barrese

Mr. Stefano Barrese serves as Head of Domestic Commercial Banking of Intesa Sanpaolo SpA since January 2016. Stefano Barrese has been in charge of the Banca dei Territori Division (domestic commercial banking) since January 2016. After receiving a degree in Economics and Business from the LUISS University of Rome in 1993, he was enrolled in the Register of Chartered Accountants and the Register of Official Auditors in Rome. He started his career in 1995 with Arthur Andersen before moving on to Erg Petroli. He joined the Planning Department of Banca Intesa in 1998. After the merger between Banca Intesa and Sanpaolo IMI, he held several positions, including Head of Capital Management in the Planning, Capital Management and Synergy Control Department and Head of Planning in the Planning and Control head office Department. Mr Barrese has been with the Banca dei Territori Division since 2013. He was head of the Planning and Control Department, the Marketing Department and, subsequently, the Sales and Marketing Area. He currently sits on the boards of ABI (Italian Banking Association), Consorzio Bancomat, SSD LUISS, FEDUF and Intesa Sanpaolo Innovation Center.

Tommaso Corcos

Mr. Tommaso Corcos serves as Head of Asset Management Division at Intesa Sanpaolo SpA. He holds a degree in Business Administration from Rome's Università La Sapienza, as well as a Master in Financial Advisory, and participated in the Harvard Business School Advanced Management Program (AMP). He began his career in 1987 in BNL's foreign shareholding office. Between 1990 and 2001, he held several positions with Intesa Asset Management SGR/Nextra Investment Management SGR as Market Manager, rising to Head of Investment Management for the bond, equity and currency sectors. In September 2002, he joined Fideuram as Chief Executive Officer of Fideuram Investimenti SGR S.p.A. – formerly Fideuram Capital. From 2006 to 2013, he was Vice President and Chief Executive Officer of Fideuram Asset Management Ireland and Vice President of Fideuram Gestions, and was a member of the Board of Interfund Sicav and Eurizon Alternative Investments SGR S.p.A.. Since January 2014, he has been Chairman of Eurizon Capital S.A. and Epsilon SGR.

Nicola Fioravanti

Mr. Nicola Maria Fioravanti serves as Head of Insurance Division of Intesa Sanpaolo SpA since July 1, 2015. "Magna cum laude" degree in Economics and Business from La Sapienza University in Rome. He was responsible for Budget, Planning and Control at Telecom Italia from 1988 to 1992, and for Strategic Planning at Bonifiche Siele from 1992 to 1996. In 1996, he entered the banking sector and, over time, held positions at Banco Ambrosiano Veneto and Banca Intesa in the area of Planning, Research and Management Control. From 2006, he held various positions in the Chief Financial Officer Area, Strategic Planning of Intesa Sanpaolo, the most recent of these being head of the Planning, Strategic ALM and Capital Management Head Office Department from 2013 to 2014. Since 30 October 2014, he has been Managing Director of Intesa Sanpaolo Vita and Chairman of the Board of Directors of Intesa Sanpaolo Assicura. He has been head of Intesa Sanpaolo’s Insurance Division since 1 July 2015.

Giovanni Gilli

Mr. Giovanni Angelo Carlo Gilli serves as Head of Capital Light Bank of Intesa Sanpaolo SpA. He joined Intesa Sanpaolo in 2002, and is currently in charge of the Capital Light Bank. Previously, he led the Strategic Operations and Special Projects Unit, reporting directly to the CEO, and was responsible for all M&A and Corporate Development activities of the Bank. He was also in charge of a number of projects of particular strategic and organisational importance. In that period, he concluded around 50 transactions including acquisitions, disposals and mergers, worth more than €30 billion, and he personally oversaw the merger between Intesa and Sanpaolo in 2006. Before joining the Bank, he worked for The Chase Manhattan Bank, Mc Kinsey & Co. and Euromobiliare and, in the role of Gruppo Gabbianelli-Vogue’s managing director and main investor, he successfully led a leveraged buyout operation to create a high-class point of reference in the ceramic tiles sector. The operation concluded with the sale of the Group to a direct competitor.

Paolo Grandi

Mr. Paolo Maria Vittorio Grandi serves as Chief Governance officer of Intesa Sanpaolo SpA since May 21, 2013. He is in charge - inter alia - of the Corporate Bodies Secretariats, the Legal Affairs - Group General Counsel Department, the Corporate Affairs and Advisory Department, the Shareholdings Department, the Mergers & Acquisitions Department and the Art, Culture and Historical Heritage Department. He graduated ‘cum laude’ in Political Science at Cattolica University of Milan and completed postgraduate studies at the International Centre for Monetary and Banking Studies in Geneva. From 1979 to 1982, he worked at the Headquarters of Credito Italiano. In 1982, he joined Mediocredito Lombardo where, from 1990, as head of private equity, acquisition finance and corporate finance activities, he organized and developed the activities of its parent company Cariplo in the merchant banking business. In December 2000, he moved to Banca Intesa as co-head of the Private Equity Department. In June 2002, he became responsible for the Shareholdings Department of Banca Intesa, reporting directly to the CEO of Banca Intesa, a position that included - inter alia - the responsibility for the Group’s Mergers & Acquisitions. In that period Mr. Grandi was also a board director of Telecom, SIA S.p.A., Eurizon Capital, Agos S.p.A.. He is currently a board director of the following companies: Banca Prossima (Chairman, since 16.10.2007), Intesa Sanpaolo Holding International SA Lussemburgo (Chairman, since 22.03.2004), Banca IMI (since 23.04.2013), Banca CR Firenze (since 03.03.2008), ABI - the Italian Banking Association (since 10.07.2014), Istituto Europeo di Oncologia (since 20.04.2006), PFH Palladio Holding S.p.A. - previously Palladio Finanziaria S.p.A. (since 07.05.2014), Consorzio PAN (Chairman, since 15.03.2004), Fondazione Cerba (since 27.06.2016), Intesa Sanpaolo Group Services (since 25.01.2018).

Alfonso Guido

Mr. Alfonso Guido Chief Cost Management Office of the company. A graduate in Banking, Financial and Insurance Economics from the University of Messina, Mr. Guido began his career at Cassa di Risparmio of Calabria and Lucania (Cariplo Group) in 1991 (securing a position reserved for accounting graduates who achieved full marks in the regions of Calabria and Basilicata), performing the roles of banking counter operator, secretary officer and treasury officer. Following this experience in the network, in 1994 he took on a role as mortgages specialist in the MLT Loans Department. In the second half of the same year, he became a sales network trainer and the sales manager in the North Area of Cosenza at Cassa di Risparmio di Calabria e di Lucania (which became Banca Carime) for insurance products of Carivita (insurance company of the Cariplo Group). In 1998, he became senior officer in the Planning and Studies Department of Banca Intesa, focusing in particular on strategic simulations and monitoring of individual regulatory capital ratios of all Group banks. In 2001, he was appointed Head of the Service Company Office of the Management Control Department of Banca Intesa to oversee the activities of management and planning control of Intesa Sistemi e Servizi (ISS) and Intesa Gestione Crediti (IGC). In 2007, he became Head of the Budget Operating Costs Office of the Capital Budget and Cost Control Department of Intesa Sanpaolo, within the staff serving the Chief Financial Officer. In October 2014, he became Head of the Coordination Unit of Project Initiatives, reporting directly to the Managing Director and CEO, with the task of overseeing and monitoring strategic projects, carrying out, on behalf of the Managing Director and CEO, relationships with the Business Units and the Head Office Departments. In August 2016, he was appointed Chief of the CEO project office. In January 2018, he was appointed Managing Director of Intesa Sanpaolo Group Services.

Ignacio Jaquotot

Mr. Ignacio Jaquotot is Head of International Subsidiary Banks Division at Intesa Sanpaolo SpA since October 2013. He oined the Intesa Sanpaolo Group in 1984. After obtaining his Degree in Law from the Complutense University of Madrid, he started his career within the Group in Spain, taking up the position of Branch Manager at the former Banca Commerciale Italiana branch in Barcelona and, later on, that of Deputy General Manager at the branch of Madrid, a position which he held until 1998. In the following year, he served as General Manager at Banque Sudameris Uruguay (1999-2002), then at Banco Sudameris Chile (2002 -2003) and at Banco Sudameris Paraguay (2003 – 2004). He was also board director of Banco Sudameris Argentina, Banco Wiese Sudameris Peru and Banco Sudameris Colombia. In 2005, he became Deputy Chief Executive Officer and Vice-Chairman of the Management Board of VUB Banka where, in August 2007, he was appointed Chief Executive Officer and Chairman of the Management Board, a position which he held until September 2013. Over the years his other responsibilities also included board member positions at Uruguayan, Chilean, Paraguayan and Slovak Bankers Associations and at Italian-Uruguayan, Italian-Chilean and Italian-Paraguayan Chambers of Commerce. He also held the position of President of the Italian-Slovak Chamber of Commerce (20 09 – 2012). In June 2012, he was awarded of the honour of Commendatore Ordine al Merito of the Italian Republic. Since 2013, he has been Vice Chairman of the Supervisory Board of VUB Banka and board director of Intesa Sanpaolo Holding Luxembourg. In June 2016, he was appointedboard member of Italy-China Foundation.

Stefano Lucchini

Mr. Stefano Lucchini is the Chief Institutional Affairs and External Communication of the company. After graduating in Economics and Business Administration from the LUISS University in Rome, he joined the Montedison studies' department in 1987 where he eventually became Manager for Corporate Communication and Investor Relations at Montedison USA. In 1997, he joined Enel and was appointed Director of External Relations of the group. He also served as Director of External Relations in Confindustria. In 2002, he joined the Banca Intesa group as Director of External Relations. In 2005, he served as Senior Executive Vice President for International Public Affairs and Communication of the Eni group and as the Chairman of Eni USA. From September 2014 to December 2017, he served as Head of International and Regulatory Affairs of the Intesa Sanpaolo group. Within the Intesa Sanpaolo group, he serves as Chairman of the Banca IMI Securities Corporation and serves on the Board of Directors of Banca Prossima as well as the Board of Directors of Intesa Sanpaolo Highline. He is the Chairman of the Vatican foundation, Benedetto XVI Pro Matrimonio et Familia, and serves on the Board of Directors of the Luiss University. He is the Executive Vice President of the “Amici della Luiss” and he is also a member of the Board of Evaluation of the Università Cattolica in Milan where he also teaches as a Guest Lecturer. He serves on the Board of Directors of the Civita Association and of the American Chamber of Commerce in Italy and is also a member of the Scientific Committees of the “Fondazione Osservatorio sulla Criminalità nell’Agricoltura e sul Sistema Agroalimentare” (Association against organized crime in Farming and in Food Farming) and of “The Friends of the Scuola Normale Association of Pisa”. He is also a representative of the Ministry of Foreign Affairs and International Cooperation within the “Italy-Israel Foundation for Culture and the Arts” as well as the Chairman of the Jury Panel of the Marisa Bellisario Award.

Mauro Micillo

Mr. Mauro Micillo serves as Head of the Corporate and Investment Banking Division; Chief Executive Officer of Banca IMI of Banca IMI at Intesa Sanpaolo SpA since April 14, 2015, A graduate of Business and Administration in 1994 at the Statale University in Brescia, Italy, Mr Micillo subsequently specialized in “Currency Management and International Finance” and started his career first with Fin-eco Sim before moving to IMI Fideuram Asset Management. Later, he moved to Fin-eco Investimenti SGR as Fixed Income Director. In 2000 he was appointed CIO (Chief Investment Officer) of Banca Esperia and a member of the Board of Directors of Duemme Hedge SGR. In 2002, he joined the Capitalia Group as Holding Director (in charge of Group Finance) and in 2005, he was appointed Chief Executive Officer of the Group’s asset management companies. At the end of 2007, he became Deputy General Manager and CFO (Chief Financial Officer) of the Banca Popolare di Vicenza Group. He joined the Intesa Sanpaolo Group in October 2009 as Chief Executive Officer and General Manager of Eurizon Capital SGR, Chairman of Eurizon Capital S.A. and of Epsilon SGR. In January 2014,he was appointed General Manager of Banca IMI, the Intesa Sanpaolo Group’s investment bank, where he became Chief Executive Officer in April 2015. He was formerly a Member of the European Commission’s Expert Group on Market Efficiency and also served as Vice Chairman of Assogestioni (from 2009 to 2013) and Chairman of Allfunds Bank (from 2009 to 2014). Moreover, he was a member of the Board of Directors of MTS from 2014 to 2015. Alongside his professional activity, he has also developed the academic one, firstly as Lecturer at the SDA Bocconi (1996-2002), then as Adjunct Professor at the University of Brescia (2004-2005). Since 2006, he has also held the position of Adjunct Professor of the “Asset Management” course at the LUISS Guido Carli in Rome.

Paolo Molesini

Mr. Paolo Molesini serves as Managing Director and General Manager of Fideuram - Intesa Sanpaolo Private Banking S.p.A.. From September 2004 to June 2015 Paolo Molesini was Managing Director and General Manager of Banca Intesa Private Banking S.p.A., the private bank of the Intesa Sanpaolo Group formally named, since June 2007, Intesa Sanpaolo Private Banking S.p.A.. After receiving a degree in Business Economics from the “Ca’ Foscari” University in Venice and completing a master’s degree in Business Administration at INSEAD Graduate Business School (Fontainebleau, France), Paolo Molesini joined the Henkel Group as Export Manager. He became Manager of the Financial Services Area of The Mac Group in London in 1986, while, in 1991, he was hired by the Fondiaria Group to set up the Strategic Marketing Division. He joined Sanpaolo Vita as Sales Director in 1993, subsequently becoming General Manager and Managing Director. From 2001 to 2003, he was head of the Retail Business Area at Banca Monte dei Paschi di Siena. He joined Intesa Sanpaolo S.p.A. in July 2003 as head of the Private Banking Division. He has served as a director in Société Européenne de Banque, Banco di Napoli and Eurizon A.I..

Massimo Proverbio

Mr. Massimo Proverbio is the Chief IT, Digital and Innovation Officer of the company. After earning his Bachelor of Engineering degree at Politecnico di Milano University in 1985, he joined IBM as a system engineer. In 1988, he entered Accenture Italia as project manager within the banking sector, focusing on the branche network. From 1991 to 1994 he worked for Accenture in Belgium, Hungary and South Africa managing IT systems architecture, IT transformation and merger planning projects. In 1994, he returned to Accenture Italia and till 1999 he managed planning and integration projects regarding the main Italian banking groups, in addition to cost reduction and multi-channel solutions and core banking systems set-up projects. In 1999, he was appointed as an Accenture Partner. Since that year he became responsiblefor various Accenture clients and led different Accenture offer areas development, like Merger and Acquisition, Digital transformation and CRM and Cost restructuring. Starting from 2003 he also took on the Italian Banking industry responsibility (offer, service quality, customer satisfaction). In 2007, he was appointed Accenture Financial Services (Banks and Insurance) Lead for Italy, Central Europe, Russia, Greece, Turkey and Middle East and entered the Accenture Italia and Accenture Financial Services Europe and Latin America Executive Committees. In 2012, he was nominated Accenture Senior Managing Director and also became Accenture Payment Services Global Lead; then, in 2015, he was appointed as Europe and Latin America Banking Industry and Practice Lead. In December 2017, he left Accenture to join Intesa Sanpaolo.

Marco Rottigni

Mr. Marco Elio Rottigni is the Chief Lending Officer of the company. Marco Elio Rottigni began his professional career in 1982 at Banca Commerciale Italiana as a financial analyst, following a path that brought him to hold various positions in the commercial and credit field. In 1998, he was appointed Manager of main branch (serving corporate, private banking and retail segments) and of two subsidiary branches. From 2000 to 2004, he was a Large Corporate Global Relationship Manager at Banca Intesa, in the sectors of Buildings & Constructions and Telecom & Media. In 2005, he became Head of the North East Area of the Mid Corporate Department within the Corporate and Investment Banking Division of Intesa Sanpaolo; four years later, in April 2009, he was appointed Head of the Italian Mid Corporate Department. In 2013, he also became responsible for the Public Finance segment (formerly BIIS), in the Corporate and Public Finance Department, supporting companies during the years of major changes linked to economic trends and the internationalisation processes of Italian industry. In the summer of 2016, he was appointed Head of the Global Corporate Department, which manages relationships with about 2,000 Italian and foreign groups with turnover of over €350 million, as well as those with all Public Administrations. He served as a board director and a member of the Executive Committee of Mediofactoring S.p.A. (2010 - 2011), as a board director and a member of the Executive Committee of Leasint S.p.A. (2010 - 2013), as a board director and a member of the Executive Committee of Société Européenne de Banque SA (2011 - 2014). He has been a member of the Credit Committee of Mediocredito Italiano since 2014 and, since April 2016, he has been a board director of Intesa Sanpaolo Private Banking.

Claudio Testa

Mr. Claudio Testa is the Chief Audit Officer of the company. He is a graduate of Economics and Business from the University of Turin, he began his career at Nuovo Banco Ambrosiano in 1987 as Internal Auditor with growing responsibilities in different areas until 1996 when he took on the role of Manager in charge of Audit and Administration Services of Banco Ambrosiano Veneto. In 1999, he held the position of Manager in charge of the Audit activities concerning the project for the merger between Banca Intesa and Banca Commerciale Italiana. In 2003, at Banca Intesa, he became Head of Audit Planning and Control. In 2007, at Intesa Sanpaolo, he took on the role of Head of Audit Coordination and Development and, in July 2015, he became the Group’s Head of Internal Auditing. In January 2018, the function evolved into Chief Audit Officer. Mr. Testa is currently a member of the Board of AIIA (Italian Internal Auditors Association).

Franco Ceruti

Mr. Franco Ceruti serves as Director at INTESA SANPAOLO SPA since April 27, 2016. He joined Cariplo in 1973 and spent his entire professional carrier within the Intesa Sanpaolo Group. He started to hold management roles in 1982, gaining professional experience mainly in the territorial network, and held the position of Manager at a number of Branches and Offices, as well as Territorial Areas in Lombardy, Veneto, Trentino Alto Adige and Friuli. He became Regional Manager of the Parent Company in 2002, and, in 2008, he took up the position of Manager of the Regional Department for Milan and its Province. He was President of the Lombardy Regional Commission of the Italian Banking Association (ABI) from 2008 to 2014. In 2011, with decree signed by the President of the Italian Republic, he was honoured with the long-service star and awarded the title of Master of Labour. He is the Chairman of Intesa Sanpaolo Expo Institutional Contact S.r.l. and currently sits on the boards of Intesa Sanpaolo Private Banking S.p.A., Mediocredito Italiano S.p.A., Banca Prossima S.p.A. and Fondazione per Innovazione del terzo settore (FITS). He has been a member of the Board at the Milan Chamber of Commerce, Industry, Handicraft and Agriculture since 2012.

Gianfranco Carbonato

Eng. Gianfranco Carbonato serves as Independent Director at Intesa Sanpaolo SpA since April 27, 2016. He graduated in Electronic Engineering at the Turin Polytechnic University. Together with a group of engineers, in 1977 he set up Prima Progetti S.p.A., which subsequently developed into Prima Industrie S.p.A., specialising in laser systems for industrial applications and growing significantly over the years to become a competitor in international markets, leading to the listing in the Milan stock exchange in 1999. He is currently Executive President of Prima Industrie S.p.A., as well as Honorary President of Prima Electro S.p.A., Chairman of Prima Power North America lnc. and a Director of Prima Power Suzhou Co. Ltd. In 2006, he was elected Chairman of AMMA, the Association for Mechanical and Mechatronic Companies, and also held the post of Deputy Chairman of Federmeccanica. He was appointed President of the Turin Industrial Union on 30 June 2008, and subsequently joined the Executive Board of Confindustria. In 2009, he became a member of the Board of the Turin Chamber of Commerce. He was an independent Director of RCS MediaGroup S.p.A., in the three-year period 2009-2011, and of Iren S.p.A., from 2006 to 2013. On 2 June 2007, he was awarded the title of Cavaliere del Lavoro (Knight of Labour) by the President of the Italian Republic, Mr. Giorgio Napolitano. A member of the Intesa Sanpaolo Supervisory Board from 2012 to 2016, he was appointed Deputy Chairman of the same board in 2013. He was President of Confindustria Piemonte in the period 2012-2016 and, in May 2016, he joined the Advisory Board of Confindustria and subsequently became a member of the Credit and Finance technical group.

Francesca Cornelli

Ms. Francesca Cornelli is the Independent Director of the company. She is a graduate in Economic and Social Sciences at the Bocconi University in Milan, she received an Economics Ph.D. from Harvard University. She is a Full Professor of Finance at the London Business School and Manager of Private Equity at LBS Institute. In the past, she performed educational and scientific activities at the Wharton School, the Fuqua School of Business at Duke University, the London School of Economics, the Indian School of Business in Hyderabad and the New Economic School in Moscow. She has specific expertise in the fields of corporate governance, private equity, privatisation, bankruptcy proceedings, innovations and IPOs. She has published her work in leading international finance and economic journals and regularly holds conferences in major universities and international institutions. She has been a member of the Board of Directors of the American Finance Association, of the Academic Board of the European School of Management and Technology and of the Scientific Committee of the Banque de France Foundation. She is the editor of the Review of Financial Studies, one of the most prestigious academic publications in finance, and a Research Fellow of the Center for Economic and Policy Research (CEPR). She has been a member of the Editorial Board of the Journal of Financial Intermediation and the Journal of Finance. She sits on the Boards of Directors of Swiss Re Europe and Swiss Re International.

Maria Cristina Zoppo

Ms. Maria Cristina Zoppo is the Independent Director of the company. She is a graduate in Economics and Business from the University of Turin, she is a Chartered Accountant enrolled in the Register of statutory auditors and a technical expert to the judge. Since 1996, she has gained extensive experience in the corporate and fiscal field by working as a consultant for medium and large-sized companies, listed and belonging to multinational corporate groups (such as General Motors, SKF, L’Oréal, Avio, Reply Group, Johnson Electric, etc.). In performing these activities she has become an expert in extraordinary transactions and in loan contracts, tax disputes also at international level and debt restructuring transactions, also gaining significant knowledge on the sector regulations. She has been a member of Boards of Statutory Auditors, also as Chairperson, in various companies, also part of international groups, as well as a member of Supervisory Bodies pursuant to Legislative Decree 231/2001. She is currently an associate consultant of Studio Associato Legale e Tributario, which belongs to the international BDO network of auditing and consultancy member firms, Chairperson of the Board of Statutory Auditors of Houghton Italia S.p.A. and an Auditor of Cooper-Standard Automotive Italy S.p.A. and Alessandria Calcio S.r.l., as well as a member of the Supervisory Board of General Motors Global Propulsion Systems S.r.l. and Cooper-Standard Automotive Italy S.p.A..

Edoardo Gaffeo

Mr. Edoardo Gaffeo serves as Independent Director at Intesa Sanpaolo SpA since April 27, 2016. He is an Associate professor of political economy at the University of Trento. After receiving a Ph.D. in Economics from Università Politecnica delle Marche in 1997, he worked as an Economist at Centro Studi Confindustria and taught at the University of Udine. From 2005 to 2010, he was a member of the General Board of Fondazione Cassa di Risparmio di Padova e Rovigo, and then, from 2010 to 2013, he was a Board Director of the same institution. From 2013 to 2016, he was a Supervisory Board member and a member of the Internal Control Committee and the Remuneration Committee at Intesa Sanpaolo. He was also a Board Director of Interporto di Rovigo S.p.A. (2002-2005) and Fondaco Lux S.A. (2008-2010). He is currently a member of the Scientific Committee of the Rovigo University Consortium and Fellow of Euro Area Business Cycle Network.

Giorgina Gallo

Ms. Giorgina Gallo is the Independent Director of the company. She graduated in Business Administration at the Turin Economics and Business University; she completed her manager training at Cedep de l’Insead in Fontainebleau (Paris). Her career developed within the multinational L’Oréal, where she held management posts of increasing level of responsibility until she became, in 2001, CEO of L’Oréal Saipo and she was Chairman and CEO of L’Oréal Italia from 2008 to 2013. She held various positions in several associations such as: Deputy Chairman of Cosmetica Italia, Deputy Chairman of Centro Marca, a member of the Executive Boards and Councils of: Federchimica, Assolombarda, Turin Industrial Union, GS1-ECR, Upa, Auditel. She received important institutional awards: in 2005 she obtained the title of Grande Ufficiale of the Italian Republic, in 2006 that of Chevalier de l’Ordre National du Mérite of the French Republic and, in 2012, she was granted the Bellisario Award. Since 2014, she has provided strategic consultancy. She was an independent Board Director of Telecom Italia and Autogrill from 2014 to May 2017. She has been an independent Board Director of Zignago Vetro since 2016 and a Board Director of Auchan Retail International S.A. since May 2018.

Rosella Locatelli

Ms. Rosella Locatelli serves as Independent Director of Intesa Sanpaolo SpA since April 27, 2016. She is currently a Full Professor of Economics of financial intermediaries at Insubria University and Representative of the Chancellor in the relationships with production bodies and for Expo 2015. She is the manager of Centro di Ricerca sull’Etica degli Affari e sulla Responsabilità Sociale di Impresa (CreaRes). She was the dean of the Economics department of Insubria University; she was appointed by the Bank of Italy to serve as a member of the Oversight Committee of Banca MB S.p.A. in special administration and was Chairman of the Board of Directors of Fondamenta SGR S.p.A.. She was a member of the Supervisory Board of Intesa Sanpaolo in the three-year period 2013-2016. Following the appointment of the Bank of Italy, she currently serves as a member of the Oversight Committee of Darma SGR S.p.A. in administrative compulsory liquidation and as a member of the Oversight Committee of Sofia Gestione del Patrimonio SGR S.p.A. in special administration; she is the Chairman of the Board of Directors of Bonifiche Ferraresi S.p.A. and B.F. Holding. She is the author of papers and studies on various subjects including the management and regulation of banks and insurance companies. She is the President of the Association of Lecturers of Economics of financial intermediaries and financial markets (ADEIMF) and a member of the Scientific Committee of the journal Banca Impresa Società.

Marco Mangiagalli

Dr. Marco Mangiagalli serves as Independent Director at Intesa Sanpaolo SpA since April 27, 2016. He was Graduated in Political Economy at the Bocconi University of Milan in 1973, he gained working experience in the Barclays Group in Italy and in the Nuovo Banco Ambrosiano Group. Within ENI he held positions of increasing responsibility up to the position of Executive Officer for Finance and, subsequently, Chief Financial Officer from 1993 to 2008. He has served as a Board Director for many companies, including: Agip S.p.A., Autogrill S.p.A., Polimeri Europa S.p.A., Nuovo Pignone S.p.A., Snamprogetti S.p.A., ENI International Holding B.V., ENI International Bank Ltd, Albacom S.p.A., Emittenti Titoli S.p.A., Luxottica Group S.p.A., Oil Investment Corp., Snam Rete Gas S.p.A., Flack Renewables S.p.A.. He has been the Chairman of Saipem S.p.A., ENI Coordination Center S.A. and Enifin S.p.A. and was a member of the Supervisory Board of Intesa Sanpaolo from 2010 to 2016. He is currently a member of the Senior Advisory Board of Global Infrastructure Partners.

Maria Mazzarella

Ms. Maria Mazzarella is the Independent Director of the company. After receiving a degree in Law from La Sapienza University of Rome in 1972, she gained most of her professional experience at Consob from 1978 to 2015. In particular, from 1986 to 1990 she was the Manager of the Office for Controlling Interest, from 1990 to 1993 the Manager of the Office for Coordination and Problems of a general nature, from 1993 to 1994 the Manager of the Public Solicitation and Quotation Office, from 1995 to 2001 the Manager of the Office for Solicitation, Take-over bids and Ownership structures, from 2001 to 2004 the Manager of the Market Information Office, from 2005 to 2011 the Manager of the Office for Take-over bids and Ownership structures and from 2011 to 2015 the Manager of the Regulatory Strategy Division. From 2013 to 2014, she was a professor at LUISS University of Rome at the Master for company lawyers and at Cattolica University of Milan at the Master in corporate criminal law. From July 2012 to July 2015, she was the President of the Conciliation and Arbitration Chamber at Consob and, in this role, she took part in projects examining the regulations regarding the out-of-court settlement of disputes between savers and intermediaries.

Milena Motta

Ms. Milena Teresa Motta is the Independent Director of the company. She is a graduate of Economics and Business from Cattolica University of Milan, she is a Statutory Auditor enrolled in the Register of Chartered Accountants. Since 1982, she has provided corporate consultancy on competitive strategy, marketing and innovation. In particular, she deals with instruments and methods for the systematic analysis of the market and the competitive environment in order to identify opportunities and threats, as well as with intelligence supporting competitive positioning and the innovation process. Since 1997, she has been a lecturer in Strategic analysis of the Competition, Market & Competitive Intelligence, Technology Intelligence at leading universities including the SDA Bocconi, the Scuola Superiore Sant’Anna in Pisa, the LIUC University in Castellanza. Since 2008, she has been working with the Institute for Manufacturing of the University of Cambridge (UK) on topics such as Strategic Road Mapping and Technology Intelligence to align strategy, market and innovation; she is a lecturer in Patent&Technology Intelligence and a member of the Faculty of the ICI-Institute for Competitive Intelligence (ButzbachGermany). She has served as Standing Auditor in Atlantia S.p.A. and Damiani S.p.A.; she currently holds the same position at Brembo S.p.A. and is the Chairman of the Board of Statutory Auditors of Trevi Finanziaria Industriale S.p.A..

Alberto Pisani

Mr. Alberto Maria Pisani is the Independent Director of the company. He is a graduate of Economics and Business from La Sapienza University of Rome, he is a Chartered Accountant and a Statutory Auditor enrolled in the relevant professional registers. In 1982, he started working at Reconta Ernst & Young, where he joined the partnership in 1995; until 2015 he was a Board Director for the FSO sector (Financial Services Organization, an organisational structure directing the professional activities referred to the banking, insurance and asset management sector) and a member of the Partner Supervisor Board. In Reconta Ernst & Young he also served as COO for Italy in the banking and insurance sector. While working at Reconta Ernst & Young he covered the position of partner responsible for the independent audit of the leading Italian banking groups. He gained experience in due diligence activities and in the securitisation transactions performed by prominent Italian banking groups; he was also entrusted with the control and the independent audit of asset management and real estate fund management companies, as well as companies engaged in the factoring and leasing sectors.

Livia Pomodoro

Ms. Livia Pomodoro is the Independent Director of the company. Ms. Pomodoro is graduated in Law from the University of Bari, she became a magistrate in 1965 and was deputy Prosecutor General at the Milan Court of Appeal, Public Prosecutor at the Milan Juvenile Court, President of the Ministerial Commission in charge of drawing up the new juvenile criminal procedure code, Head of Staff for the Ministry of Justice, President of the Milan Juvenile Court and Presiding Judge of the Court of Milan. She has been a Board Director of Il Sole 24 ORE S.p.A. and the Commission for equal opportunities at the Prime Minister’s Office, of the Ministerial Commission on the “Prevention of socially deviating conduct” and of the Examining commission set up by Minister Veronesi on the use of stem cells and of the National Bioethics Committee. She is currently the President of the Milan Center for Food Law and Policy, the President of the NPO Cultural Association “Spazio Teatro No’hma Teresa Pomodoro”, the President of Fondazione Centro Nazionale di Prevenzione e Difesa Sociale and she chairs the NGO ISPAC. She is the Deputy Chairperson of the Internationalization Advisory Board of Banca Prossima. She is a member of the Advisory Board of Touring Club Italia and an external member of the Board of Directors of the Bicocca University. She is also an ECOSOC member of the United Nations, a member of the Scientific Committee of the Research Centre for Inter-cultural Relations at the Cattolica University of Milan, a member of the Executive Committee of the Italian Chapter of the Women Corporate Directors Association and a member of the Advisory Board of Pubblicità Progresso. Finally, she was appointed President of the Brera Academy with Ministerial Decree no. 637 of 8.8.2016. In 2013, she was bestowed an honorary diploma by the School of Culture and Art and received the Grand-Croix of the Legion of Honour. In 2015, the President of the Republic appointed her Knight Grand Gross to the Merit of the Italian Republic.

Giovanni Tempini

Dr. Giovanni Gorno Tempini is the Independent Director of the company. He is a graduate of Economics and Business from Milan Bocconi University, from 2004 to 2010 he was a Professor at the LIUC University in Castellanza (Varese). He is currently a Professor at the MBA Program of the SDA Bocconi School of Management and a visiting Professor of Finance at Università L. Bocconi in Milan and Università Ca’ Foscari in Venice. In 2014, he became a member of the Scientific Committee of the Ca’ Foscari International Council and of the Fondazione Ca’ Foscari Strategic Board. He was Chairman of Fondo Strategico from 2011 to 2015, a Board Director of Borsa Italiana from 2001 to 2007, of MTS (European Bond Exchange) from 2001 to 2006, of EuroMTS from 2002 to 2006, of ISDA (International Swaps and Derivatives Association), and a member of the General Board of the Private Equity of AIFI (Associazione Italiana Private Equity e Venture Capital) in 2014. He started his professional carrier at JP Morgan in 1987, holding various management posts in Milan and London. From 2001 to 2007, he held offices at the Intesa Sanpaolo Group, first as CEO and Investment Banking Manager at Banca Caboto and, subsequently, as the Group’s Finance and Treasury Manager. He served as General Manager and a Director of the Mittel Group from 2007 to 2010. In the same period, he was Deputy Chairman of Sorin, Chairman of Hopa and a member of the Management Board of A2A. From May 2010 to July 2015, he was CEO of Cassa Depositi e Prestiti. He is currently a Director at Willis S.p.A. and Avio S.p.A., as well as the Chairman of Fondazione Fiera Milano. Since June 2017, he has been a member of the Council of Assonime.

Daniele Zamboni