Committees and management

Internal Audit Committee

Set up by the Board of Directors on 5 February 2002, it helps the BoD to assess the suitability of the internal auditing system. It also assesses the correct use of accounting standards (the Board of Auditors is responsible for supervising auditing pursuant to Article 19 of Legislative Decree No. 39/2010).
The Internal Audit Committee is currently comprised of three members.

Members
Mario Lupo - Chairman
A law graduate from Rome University, he started his career at ANCE (Italian association of building constructors) where he became General Manager. In 1972 he moved to Montedison S.p.A. where he was made Managing Director in 1977. In 1978 he became Chairman of Standa, part of the Montedison Group, and was responsible for its re-launch. In 1985 he was appointed extraordinary administrator of the Fabbri paper group, which was under extraordinary administration by the Ministry of Industry and the following year was made Chairman and Managing Director of REL, a public finance company for consumer electronics. In 1987 he was appointed Chairman of Finsider, an IRI finance company for the iron and steel industry, and subsequently Chairman of ILVA. In 1988 he became President of the association of iron and steel companies Assider, later known as Federacciai. In 1991 he was appointed Deputy Chairman of Iritecna, becoming its Chairman in 1992. In 1996 he became Chairman and CEO of Vianini Lavori S.p.A. He has been Chairman and General Secretary of AGI, the association of major construction companies, since 1999 and has been a member of the board of Confindustria (Italian employers' federation) since 2005.
Executive/Independent
Luigi Guidobono Cavalchini -

A law graduate from Turin University, he began his diplomatic career in 1961. He was part of the Permanent Italian Delegation at the European Community from 1964 to 1969 and subsequently held the position of Consul in Berne. From 1971 to 1972 he returned to Brussels as coordinator of the Italian presidency of the European Council. He held the position of Chief Secretary of the Economic Affairs Head Office of the Ministry of Foreign Affairs until 1977. After various positions within the Permanent Delegation at the OECD and Italian Embassy in Paris, he was firstly an attaché and subsequently head of ministerial staff at the Ministry of Foreign Affairs from 1979 to 1989. He was appointed Ambassador in 1987. In 1989 he was the General Secretary of the Prime Minister’s Office. He was the Italian Ambassador in Paris from 1991 to 1995 and Italy’s Permanent Representative at the European Union until 2000. From 2000 to 2001 he once again held the position of head of ministerial staff of the Ministry of Foreign Affairs. He chaired the Italian delegation in the Italo-French intergovernmental commission set up following the Mont Blanc tunnel accident in 1999. He has been Chairman of Unicredit Private Banking S.p.A. since 2002.
Non-executive
Eugenio Pinto -

Page under construction.

Executive/Independent

Remuneration Committee

Set up by the Board of Directors on 5 February 2002, it is responsible for proposing the fees for directors with specific offices as well as incentive and salary schemes for top managers, supervising their application. The committee is currently comprised of three members.

Members
Ernesto Monti - Chairman

He was appointed Honorary Chairman of Astaldi Group in 2007 after having held the position of Chairman since 2000. An economics graduate, he started his professional career in 1971 in Banca d’Italia. In 1976 he moved to IMI Group where he held the position of General Finance Manager – Italy and in 1984 he moved to Banca Nazionale dell’Agricoltura. He subsequently worked for Banco di Santo Spirito where he was appointed Central Manager in 1989. In 1992 he took on the same position at Banca di Roma (formerly Capitalia and currently Unicredit) where he was appointed Deputy General Manager in 1996. He is also the Chairman of Tosinvest and a member of the Board of Directors of Unicredit BdR, Erg Renew and Alitalia. He was a lecturer at Bocconi Management School from 1976 to 1980, a contract professor at Modena University in 1983 and 1984 and has held the chair of Corporate Finance at LUISS Guido Carli University in Rome since 1986.

Non-executive
Eugenio Pinto -

Page under construction.

Non-executive/Independent
Maurizio Poloni -

Lawyer, defence counsel for the Court of Cassation, he has worked in the legal area for over 30 years specialising in civil law in relation to judicial and out-of-court matters. He has been responsible for and continues to be responsible for contractual relations with regard to the real estate sector, contracts and corporate acquisitions.
Non-executive/Independent

Board of auditors

The Board of Auditors is currently comprised of three statutory auditors and three substitute auditors.

Members
Pierumberto Spano * - Chairman
Pierpaolo Singer - Statutory auditor
Antonio Sisca - Statutory auditor
Massimo Tabellini - Substitute auditor
Flavio Pizzini - Substitute auditor
Marco Rigotti * - Substitute auditor

(*) Auditors appointed via lists filed by the minority.

Last update: 19/11/2010

Committees and management

Internal Audit Committee

Members

Remuneration Committee

Members

Board of auditors

Members