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Press release

Financial press release

07/12/2016 20:45

​After the liability management exercise, with results in line with expectations, and continuing preparatory activities for the execution of the transaction presented to the market on 25 October according to the scheduled timing, Banca Monte dei Paschi di Siena S.p.A. considered appropriate – due to the changed reference context – to ask ECB for an

extension of the term of the authorization received, until 20 January 2017.

 

***

 

Furthermore, the Board of Directors appointed Massimo Egidi as new member of the Remuneration Committee, replacing Alessandro Falciai.

 

The Committee is composed by: Maria Elena Cappello, Béatrice Derouvroy Bernard, Massimo Egidi, Stefania Truzzoli and Christian Whamond.