Exhibit 99.7
PRESS RELEASE
INTESA SANPAOLO IS SET UP: THE MANAGEMENT BOARD
• Meeting of the first Management Board of Intesa Sanpaolo
• Corrado Passera appointed Managing Director and CEO
• Pietro Modiano appointed General Manager, Deputy to the CEO, in charge of the Division “Banca dei Territori” and Francesco Micheli General Manager in charge of the Resource Governance
• Organisational structure approved and management team in charge of the 6 Business Units and 16 Head Office Departments appointed
Torino, Milano, 2nd January 2007 – The Management Board of Intesa Sanpaolo – appointed today by the Supervisory Board – held its first meeting today under the chairmanship of Enrico Salza.
The Management Board resolved upon the appointment of Corrado Passera as Managing Director and Chief Executive Officer. The Board is composed as set out below:
Management Board |
|
|
Enrico Salza |
| Chairman |
Orazio Rossi |
| Deputy Chairman |
Corrado Passera |
| Managing Director and CEO |
Elio Catania |
| Board Member |
Gianluigi Garrino |
| Board Member |
Giuseppe Fontana |
| Board Member |
Giovanni Battista Limonta |
| Board Member |
Virgilio Marrone |
| Board Member |
Emilio Ottolenghi |
| Board Member |
Giovanni Perissinotto |
| Board Member |
Marcello Sala |
| Board Member |
In addition, the Management Board appointed Pietro Modiano General Manager, Deputy to the CEO, in charge of the Division “Banca dei Territori”, Francesco Micheli General Manager in charge of the Resource Governance and Bruno Picca as the Manager in charge of preparing the Company’s financial reports.
Moreover, the Management Board approved the organisational structure, made up of 6 Business Units and 16 Head Office Departments, and appointed the managers in charge.
Business Unit |
| Manager in Charge | ||
Banca dei Territori Division |
| Pietro Modiano, General Manager Deputy to the CEO | ||
Corporate & Investment Banking Division |
| Gaetano Miccichè (1) | ||
Foreign Banks Division |
| Giovanni Boccolini | ||
BIIS | } | Public Finance |
| Mario Ciaccia, in charge of BIIS (2) |
Eurizon Financial Group |
| Mario Greco | ||
Group’s Finance |
| Corrado Passera, ad interim | ||
(1) Gaetano Miccichè will be Chairman of Banca IMI and be in charge of the merger between Banca IMI and Banca Caboto
(2) Mario Ciaccia will be Chairman of Banca OPI and be in charge of the merger between Banca OPI and BIIS
The Business Units report directly to the CEO. The 26 Area Managers of the Banca dei Territori will be appointed during the current month. Gaetano Miccichè will replace Pietro Modiano as chairman of Banca IMI and be in charge of the drawing up of the merger project between Banca Caboto and Banca IMI. Mario Ciaccia will replace Alfonso Iozzo as chairman of Banca OPI and be in charge of the preparation of the merger project between BIIS and Banca OPI.
Head Office Department |
| Manager in charge |
Corporate Affairs and Development |
| Piero Luongo |
External Relations |
| Vittorio Meloni |
Internal Auditing |
| Renato Dalla Riva |
Human Resources and Organisation |
| Maurizio Montagnese |
ICT Systems |
| Pier Luigi Curcuruto |
Operations |
| Maurizio Manzotti |
Real Estate and Procurement |
| Giulio Bellan |
Security |
| Giuseppe Gualtiero |
Planning, Capital Management and Synergy Control |
| Carlo Messina, ad interim |
Control |
| Lucia Ariano |
Risk Management |
| Davide Alfonsi |
Lending Decisions |
| Eugenio Rossetti |
Lending Policies and Processes |
| Flavio Venturini, ad interim |
Administration and Tax |
| Ernesto Riva |
Legal Affairs and Cases |
| Elisabetta Lunati |
Loan Recovery |
| Stefano Marchetti |
Some Head Office Departments are grouped according to their function and four managers support the CEO in supervising them:
· Resource Governance: Francesco Micheli (General Manager)
· Human Resources and Organisation Department
· ICT Systems Department
· Operations Department
· Real Estate and Procurement Department
· Security Department
· Value Governance: Carlo Messina
· Planning, Capital Management and Synergy Control Department
· Control Department
· Risk Management Department
· Credit Governance: Flavio Venturini
· Lending Decisions Department
· Lending Policies and Processes Department
· Administration Governance: Bruno Picca
· Administration and Tax Department
· Legal Affairs and Cases Department
· Loan Recovery Department.
This communication does not constitute an offer to purchase, sell or exchange or the solicitation of an offer to purchase, sell or exchange any securities. The shares of Intesa Sanpaolo S.p.A. may not be offered or sold in the United States except pursuant to an effective registration statement under the Securities Act or pursuant to a valid exemption from registration.
Investor Relations | Media Relations |
Andrea TAMAGNINI | Costanza ESCLAPON |
investorelations@bancaintesa.it | stampa@bancaintesa.it |
+39.02.87943180 | +39.02.87963531 |
Dean QUINN | Filippo VECCHIO |
+39.011.5552593 | +39.011.5557747 |
investor.relations@sanpaoloimi.com | infomedia@sanpaoloimi.com |
www.intesasanpaolo.com
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Six Business Units
Head Office Departments
