The Parent Company and the companies and banks in the BPER Group have adopted a traditional management and control system.
BPER Società Cooperativa is the Parent Company of the BPER Banking Group, composed of the Parent Company and the directly or indirectly controlled banking and financial companies and special purpose vehicles.
The Parent Company and the companies and banks in the BPER Group have adopted a traditional management and control system. This system requires the presence of two boards appointed by the shareholders’ meeting: the Board of Directors, the administrative body, and the Board of Statutory Auditors, with supervision and control functions.
As Parent Company of the banking group, BPER directs and coordinatesitssubsidiaries and issuesprovisions to implement the instructions set out by the Bank of Italy, in the interest of the Group and for the purpose of ensuring its stability.
Flexibility and individual identity are maintained in the various regional markets. This policy, combined with the Parent Company's accurate guidance and coordination, allows the various entities to maintain autonomous operational powers while ensuring standardized strategies and strategic guidelines.