Torino, Milano, 16 November 2011 - Intesa
Sanpaolo announces that today Managing Director and CEO
Corrado Passera has left the Group to serve as Minister of
Economic Development, Infrastructure and Transport.
In accordance with the Articles of Association his related
powers are to be exercised by the General Manager, Deputy
to the CEO, Marco Morelli.
The Chairman of the Supervisory Board, Giovanni Bazoli, and
the Chairman of the Management Board, Andrea Beltratti,
together with all the Boards' Members, heartily
congratulate Corrado Passera for the post of high
responsibility he is taking on in the Country's
interest. They also express grateful feelings for all that
he has accomplished over the many years spent developing
and strengthening the Group's position in the banking
system, in Italy and Europe alike.
Heartfelt wishes are also addressed to Elsa Fornero, Deputy
Chairwoman of the Supervisory Board, who will serve as
Minister of Labour and Social Policy and have delegated
powers over Equal Opportunities.