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Casa Della Finanza · Since 1972

La Governance

Integrity, accountability and transparency the pillars upon which trust endures across generations.

Our Principles Board Structure Board of Directors Committees Policies & Documents Compliance History
Corporate Governance

Guided by Timeless Principles

A Framework Built on Honour

Since our founding in 1972, Casa Della Finanza has held that sound governance is not merely a regulatory obligation it is the very foundation of a bank worthy of its clients' trust. Our governance framework is an expression of our character.

We operate under the two-tier governance model prescribed by Italian law and reinforced by the highest standards of the European Banking Authority. Every structure, every committee, every policy exists to ensure that our institution acts with integrity in all things.

  • Accountabilityclear lines of responsibility from the boardroom to every branch.
  • Transparencyopen reporting to shareholders, regulators, and the public we serve.
  • Independencea majority of independent directors ensures impartial oversight.
  • Sustainabilitydecisions weighed against their impact on people, planet, and prosperity.
  • Risk Prudencerobust risk appetite frameworks protecting client assets above all else.
13
Board Directors
62%
Independent
38%
Women on Board
4
Board Committees
100%
Avg. Attendance
18
Board Meetings 2024

Governance Architecture

Our Board Structure

General Meeting of Shareholders
Supervisory Board
7 Members
Board of Directors
13 Members
Board of Statutory Auditors
3 Members + 2 Alternates
Audit Committee
Risk Committee
Remuneration Committee
Nominations Committee

Board of Directors

Those Who Steward Our Institution

CM
Conte Massimo Ferrara
Chairman of the Board

Former Governor of the Banca d'Italia and Professor Emeritus of Financial Law at La Sapienza. Appointed Chairman in 2016 following a distinguished career in European monetary policy.

Nominations · Remuneration
EV
Dr. Elena Visconti
Chief Executive Officer

Twenty years at the helm of European corporate banking. Dr. Visconti led the bank's strategic transformation and international expansion across twelve markets since her appointment in 2019.

Executive Committee
RA
Roberto Alonzi
Chief Financial Officer

Formerly Chief Economist at the European Central Bank. Mr. Alonzi oversees capital management, treasury, and investor relations, ensuring the bank's financial resilience under all market conditions.

Risk · Audit
SB
Prof. Sofia Bernardi
Independent Director

Chair of Corporate Governance at Università Bocconi and Non-Executive Director of three FTSE MIB companies. Her expertise shapes the bank's governance codes and board evaluation processes.

Nominations (Chair) · Audit
GL
Giorgio Landi
Independent Director

Founding partner of Landi & Associati, specialists in financial regulation and ECB compliance. Appointed to the Board in 2021, Mr. Landi chairs the Audit Committee and leads the Internal Control framework review.

Audit (Chair)
IC
Ing. Isabella Caruso
Independent Director

Chief Digital Officer at a leading European fintech group prior to joining the Board. Ms. Caruso leads the bank's technology governance oversight, ensuring digital transformation aligns with risk and regulatory standards.

Risk (Chair) · Remuneration

Board Committees

Specialist Oversight Bodies

Audit Committee

Oversees the integrity of financial reporting, the effectiveness of internal audit, and the independence of the external auditor. Reviews the annual and interim financial statements prior to Board approval and ensures compliance with IFRS and regulatory capital requirements.

Chair: G. Landi · 4 Members · Meets Quarterly

Risk Committee

Sets and monitors the bank's Risk Appetite Framework across credit, market, liquidity, and operational risk. Advises the Board on current and future risk tolerance and reviews the Internal Capital Adequacy Assessment Process (ICAAP) annually.

Chair: I. Caruso · 5 Members · Meets Bi-Monthly

Nominations Committee

Identifies and recommends candidates for Board and senior management appointments. Leads the annual Board evaluation process and ensures succession planning across all critical roles, maintaining the balance of skills, experience, and diversity on the Board.

Chair: S. Bernardi · 3 Members · Meets As Required

Remuneration Committee

Determines and reviews the remuneration policy for Executive Directors and senior management, ensuring pay is aligned with long-term performance, risk appetite, and regulatory requirements. Publishes an annual Remuneration Report for shareholder approval.

Chair: M. Ferrara · 4 Members · Meets Annually + Ad Hoc

Governance Documents

Policies & Key Publications

In the spirit of transparency, Casa Della Finanza makes available its principal governance documents to shareholders, clients, and the public. All documents are reviewed and approved annually by the Board.

  • Corporate Governance Code
    Revised January 2025 · PDF · 4.2 MB
    Download
  • Annual Report & Accounts 2024
    Published March 2025 · PDF · 11.8 MB
    Download
  • Remuneration Policy Report 2024
    Approved by Shareholders May 2024 · PDF · 2.7 MB
    Download
  • Risk Appetite Framework Statement
    Reviewed October 2024 · PDF · 1.9 MB
    Download
  • Anti-Money Laundering & Compliance Policy
    Revised August 2024 · PDF · 3.1 MB
    Download
  • Sustainability & ESG Report 2024
    Published April 2025 · PDF · 8.4 MB
    Download
Shareholder Information

Annual General Meeting 2025

The 178th Annual General Meeting of Casa Della Finanza S.p.A. will be held on 22 May 2025 at the Palazzo della Borsa, Piazza Affari, Milano. All registered shareholders are invited to attend or vote by proxy.


Regulatory Milestones

A History of Compliance

1972
Foundation
Chartered by Royal Decree of King Carlo Alberto. Original statutes establish the principle of separation between proprietary and fiduciary assets a founding commitment honoured to this day.
1993
Testo Unico Bancario
Full adoption of Italy's Consolidated Banking Act. Restructured governance under the two-tier model and established the first Internal Audit department independent of management.
2004
Basel II Accord
Among the first Italian banks to achieve full Basel II compliance ahead of the regulatory deadline. Implemented advanced internal ratings-based (A-IRB) approach for credit risk across all portfolios.
2014
ECB Supervision
Designated a Significant Institution under the Single Supervisory Mechanism. Passed the ECB's Comprehensive Assessment with no capital shortfall one of only eleven Italian banks to do so.
2019
SFDR & ESG
Became a founding signatory to the UN Principles for Responsible Banking. Embedded ESG criteria into all credit decisions and investment mandates, two years ahead of EU regulatory requirements.
2024
Basel IV & DORA
Completed Basel IV readiness programme eighteen months ahead of the January 2025 deadline. Achieved full Digital Operational Resilience Act (DORA) compliance, with zero operational incidents recorded across all critical systems.