The Board of Directors of Dexia SA met on 6 July 2015 under the chairmanship of Mr. Robert de Metz and has accepted the resignation of Mrs. Delphine d'Amarzit from her position as member of the Board of Directors of the company. The Board decided to co-opt Mr. Corso Bavagnoli as member of the Board of Directors to replace Mrs. Delphine d'Amarzit as of 6 July 2015, subject to the approval of the regulator. His appointment will be submitted for final approval to the next general shareholders' meeting.

In 2012, he became Director of the directive in charge of Banks and public interest financing at the Directorate General of the Treasury. Corso Bavagnoli has been Head of the Financial Affairs division since May 2015.