Banca Generali Restructures Board of Directors and Statutory Auditors

Banca Generali Spa revealed its latest board of directors and board of statutory auditors appointments on Thursday.

The board of directors consists of Antonio Cangeri as chairman, accompanied by Gian Maria Mossa, Azzurra Caltagirone, Lorenzo Caprio, Roberta Cocco, Alfredo Maria De Falco, Anna Simioni, and Cristina Zunino, all representing list 1 submitted by Assicurazioni Generali Spa.

Banca Generali Logo

Meanwhile, Paolo Ciocca secured a seat from list number 2, which was presented by a coalition of asset management companies and institutional investors under Assogestioni.

The board of statutory auditors, which will serve for three fiscal years until the approval of the financial statements as of December 31, 2026, comprises Natale Freddi as chairman, alongside Giovanni Garegnani and Paola Carrara. Additionally, Maria Maddalena Gnudi and Diana Rizzo were elected as alternate auditors.

Banca Generali Logo

During the meeting, it was confirmed that a dividend of EUR1.55 per share would be distributed with an ex-dividend date of May 2024, along with EUR0.60 per share with an ex-dividend date of February 24, 2025.

Following the announcements, Banca Generali’s stock experienced a 1.6 percent increase, reaching EUR35.36 per share.

Josh Alba
Josh Alba
Josh Alba stands at the forefront of contemporary business journalism, his words weaving narratives that illuminate the intricate workings of the corporate world. With a keen eye for detail and a penchant for uncovering the underlying stories behind financial trends, Josh has established himself as a trusted authority in business writing. Drawing from his wealth of experience and relentless pursuit of truth, Josh delivers insights that resonate with readers across industries.
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