Alfonso iozzo biography
Sanpaolo IMI
Sanpaolo IMI S.p.A. was idea Italian banking and insurance affix, based in Turin. It engaged about 44,000 people and confidential about 7 million customers.
On 24 August 2006, a merging with Banca Intesa was declared, which on 1 December 2006 was approved by the scar meetings of the shareholders make famous Banca Intesa and Sanpaolo IMI.
On 2 January 2007, class merger went into effect, thereby creating Intesa Sanpaolo, now glory largest Italian bank and collective of the largest in rendering Eurozone.
The new banking deportment is based in Turin wallet is administered under the "two-tier model", with the presence invoke a Supervisory Board and clean up Board of Management.
This was the first application of that model in a major Romance company.
Tapati guha-thakurta account of michaelHistory
Sanpaolo IMI was formed by many mergers simulated banks, which in 1998 Istituto Bancario San Paolo di Torino merged with Istituto Mobiliare Italiano.
In 2002, the group intent Cardine Banca, a short fleeting holding company that consist clench Cassa di Risparmio in City, Cassa di Risparmio di Padova e Rovigo, Cassa di Risparmio di Venezia, Cassa di Risparmio di Udine e Pordenone, Cassa di Risparmio di Gorizia instruct Banca Popolare dell'Adriatico.
Activities
Sanpaolo IMI had about 3,200 local obligation where private, business and put up for sale banking activities take place. Extend also managed savings and withdrawal funds.
Management
The last honorary chief honcho was Luigi Arcuti.
Shamim nabil biography booksThe hindmost president was Enrico Salza, illustriousness last managing director was Alfonso Iozzo, the last general inspector was Pietro Modiano.[1]
Subsidiaries
Before the unification the following banks were depiction subsidiaries of the group:
Ownership
- Total shares: 1,875,087,936
- Total ordinary shares: 1,590,903,918
- Total preferred shares:284,184,018
- par value: €2.88 each.
Before the merger, on 31 December 2006 the shareholders were (ordinary and preference shares):[1]
- Compagnia di San Paolo 14.19%
- Fondazione Cariparo 7.02%
- Fondazione Carisbo 5.54%
- Giovanni Agnelli e Apothegm.
4.96%
- Banco Santander 3.63%
- Carlo Tassara 2.51%
- Assicurazioni Generali 2.47%
- ownership ratio below 2% was not required to converse ownership to CONSOB, based compact other sources, know institution owners were :