Generali Group

          where we are

                                 

          Corporate governance system

          Our corporate governance system has evolved over the years and is focused on creating value in the medium to long term.

          In 2014, we took a further step forward in bringing our governance in line with international best practices, to make governance of our company more efficient and effective overtime. We began the process in 2012 and intend to continue down this road.

          Generali’s governance structure

          Generali adopted the traditional Italian system:

          • Shareholders’ Meeting: a corporate body that expresses the wishes of shareholders through resolutions
          • Board of Directors: responsible for strategic management in pursuit of the corporate purposes and for supervising the implementation of the strategic guidelines
          • Board of Statutory Auditors: responsible for ensuring compliance with the applicable laws and regulations and the articles of association as well as management control

          We engage an auditing firm to audit our accounts.

          Has duties and powers for the oversight, development and continuous updating of our Organisation and Management Model (OMM) Guides the company in its pursuit of sustainable success and is supported by Committees with advisory, recommendatory and preparatory functions SURVEILLANCE BODY BOARD OF DIRECTORS GROUP CEO Officer with primary responsibility for Company management in the capacity of Managing Director, and also the Director responsible for the internal control and risk management system GROUP MANAGEMENT COMMITTEE Ensures alignment on strategic priorities among the business units and a more effective, shared decision-making process GENERAL MEETING EXTERNAL AUDITORS FIRM Member of the relevant register and appointed by the General Meeting Appointed by the General Meeting, ensures compliance with laws and the Articles of Association and oversees business management BOARD OF STATUTORY AUDITORS RISK AND CONTROL COMMITTEE NOMINATIONS AND CORPORATE GOVERNANCE COMMITTEE INNOVATION, SOCIAL AND ENVIRONMENTAL SUSTAINABILITY COMMITTEE INVESTMENT COMMITTEE RELATED-PARTY TRANSACTIONS COMMITTEE REMUNERATION AND HUMAN RESOURCES COMMITTEE