Banco BPM launches the new organizational structure: appointment of the CLO and of the CFO (.pdf - 67.8 KB)

NEWS RELEASE

Banco BPM launches the new organizational structure: appointment of the CLO

and of the CFO

Carlo Bianchi is the Chief Lending Officer

and Edoardo Ginevra is the Chief Financial Officer

Milan, 28 May 2019 - We announce that, at today's meeting, the Board of Directors of Banco BPM has resolved to revise its organizational structure which does not provide for the role of General Manager and which, in confirming the Co-GeneralManagers, introduces the positions of the Chief Lending Officer (CLO) and of the Chief Financial Officer (CFO), giving the related responsibilities to Carlo Bianchi and Edoardo Ginevra, respectively.

The Chief Lending Officer is in charge of loans, from approval to management, across the Group's entire portfolio; the CLO is also responsible for the Leasing activity.

The Chief Financial Officer is in charge of finance, planning and management control, administration and accounting, equity investments and also has the responsibility of defining the management strategies for key balance-sheet items.

Carlo Bianchi began his career at Banca Commerciale Italiana, where, after the merger with Banca Intesa, he held increasingly important positions until he became Head of the Loan Department of the Banca dei Territori Division. In 2010, he joined Banco Popolare as Head of the Loan Division, a position that since 2017 he continues to hold also in Banco BPM.

Edoardo Ginevra began his professional career at the Bank of Italy in 1990 at the Banking Supervisory services, where he remained for the next nine years. He then moved to McKinsey and later to Oliver Wyman, before continuing his career at Banca Popolare di Milano as Chief Risk Officer in 2015. Since 2017, he is Head of the NPL Division of Banco BPM.

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