As a pan-European Bank, UniCredit is committed to the highest standards of corporate governance. Our current practices have been developed by studying the best international practices and market expectations.
We are fully transparent in the disclosure of our governance practices, to help stakeholders, including investors, assess our Group in terms of management and effectiveness of our internal controls system.
Our governance system
UniCredit has adopted a so-called "traditional" management and control system which is based on the existence of two corporate bodies, appointed by the Shareholders' Meeting: the Board of Directors, in charge of the strategic supervision and management of the company and the Board of Statutory Auditors, responsible for overseeing its effective management.
Legal accounting supervision is entrusted by the Shareholders' Meeting to an external audit firm, on proposal of the Board of Statutory Auditors.
Corporate Bodies and Committees Regulation - Process for selecting candidates
Go to the Corporate Bodies and Committees Regulation for learning more on functions and competencies of our corporate bodies
Go to the Engagement policy (Annex E of the above Regulation) for learning more on how the Company manages the dialogue with shareholders and Supervisory Authorities
Go to the Process for selecting candidate for the posts of Board of Directors' member (including the Chair and the CEO) for learning more on this procedure
Corporate Bodies and Committees
BOARD OF DIRECTORS
Board of Statutory Auditors
& Associated persons
Our control system
The Internal Control System (ICS) is the set of rules, procedures and organizational structures aimed to ensure the correct funfuctionality of our company.