The board of directors of Mps unanimously resolved the appointment of Luigi Lovaglio as chief executive officer and general manager of Mps after having revoked, again unanimously, the powers of Guido Bastianini.
The board of directors, explains a note, “unanimously came to the conclusion that Dr. Luigi Lovaglio, by virtue of his relevant experience also at an international level, combined with his in-depth knowledge of the Italian banking sector, is the most suitable profile to cover the role of chief executive officer and general manager of the bank “.
Bastianini was unanimously and with immediate effect revoked the powers of general manager, chief executive officer and director in charge of the internal control and risk management system of Mps, as well as all related powers, while the latter remained in office as a member of the board of directors.
Source: Ansa
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