To consult the full Cookie Policy or decline, at a later date, your consent to the cookies used by the website, click here. The auditors are in office for three terms and can be re-elected. The current Board of Statutory Auditors was elected by shareholders of 2 April 2019 to stand until the 2022 shareholders’ meeting to approve 2021 financial statements. Composition. Alternate Auditors: Functions and powers of the board of directors . The Board od Statutory Auditors, appointed by the Shareholders' Meeting, is responsible for overseeing effective management. The Board of Statutory Auditors is the body that is responsible for ensuring compliance with the law and with the Articles of Association and is has a supervisory role over the running of the company, being specifically required to verify compliance with the principles of proper management and the adequacy and the effective operation of the organisational, administrative and accounting structure adopted by IGD. This website uses technical and analytical cookies, including third-party cookies, to analyse user browsing behaviour, create website visit statistics and improve the contents provided. The members of the Board of Statutory Auditors are appointed on the basis of the lists presented by the shareholders. The Board of Statutory Auditors carries out its duties by exercising all of the powers conferred upon it by law and, since it can rely on a constant and analytical information flow from the Company, during and beyond the regular meetings of the Board of Directors and its Committees. SAIPEM SpA - Registered office: Via Martiri di Cefalonia 67, 20097, San Donato Milanese, Milan - Italy They are accompanied by the professional CV of each candidate. Total: New Board of Statutory Auditors Proposed to the Shareholders’ Meeting on May 25, 2022. Board committees. Interim Financial Report as at 30 September 2017, Internal Audit and Risk Management System, Risk Control and Sustainability Committee. Composition. Its assignment is to supervise that laws and the Articles of Association are complied with, standards of correct administration are met and, in particular, the adequacy of the administrative and accounting organization. The Board of Statutory Auditors monitors the Company’s compliance with applicable laws and the Articles of Association, observance of the principles of correct administration and, in particular, the adequacy of the administrative and accounting organization adopted by the company and its effective operation; it also exercises accounting control. The current Board of Statutory Auditors was appointed by the Issuer's ordinary general meeting on June 9, 2020 and is expected to remain in office until the approval of the financial statements for the year ending 31 December 2022. A similar board is also present in some public entities, sometimes with the same name (as in the local health authorities), sometimes referred to as the College of Auditors (as in municipalities and provincial governments). Born in Brescia on August 4, 1972, she has a degree in Economics and Business Administration. Functions of the board of the statutory auditors. Directors' attendance to the board. Corporate Data of Brother Industries, Ltd. Board of Directors, Statutory Auditors and Executive Officers The Board of Statutory Auditors shall regularly consist of the majority of Statutory Auditors that are present and it shall act by the absolute majority of … The Board of Statutory Auditors is responsible for ensuring compliance with the law and the Bylaws, as well as with the principles of proper administration in carrying out company activities; it is responsible for verifying adequacy of the organisational structure, of the internal auditing system and of the company’s administrative accounts system The Board of Statutory Auditors verifies, in particular, the effectiveness and adequate coordination of all functions and structures involved in the Internal Control System, including the auditing firm in charge of the Bank's legal audit, the correct discharge of their duties and, if applicable, suggesting the appropriate remedial measures. The Board of Statutory Auditors, composed of five Standing Auditors and two Alternate Auditors, is appointed by the Shareholders’ Meeting on the basis of the " list voting ” mechanism; it performs specific supervisory tasks that are required by law, particularly in relation to: compliance with the Law and the Articles of Association. Cascades Inc. to the entity carrying out the legal accounting audit, determines the remuneration to the Directors and Statutory Auditors, and also the compensation to the entity in charge of the legal accounting audit, deliberates on actions of liability against the Directors and Statutory Auditors, approves and modifies any regulation for shareholders' meetings works, decides on other matters assigned by law to its … The current Board of Statutory Auditors was elected at the Shareholders' Meeting held on April 27, 2012 and shall remain in office until the Shareholders' Meeting approving the financial statements for the fiscal year ending on December 31st 2014. The Shareholders' Meeting elects the Board of Statutory Auditors and decides on their compensation. Company with Board of Statutory Auditors Overview. Francesca Michela Maurelli, elected from the minority list. Giovanni Fiori (Chairman), elected from the minority list The 2019 Shareholders' Meeting (17 April 2019) appointed the new Board of Statutory Auditors, which will remain in office until the approval of the financial statements as at 31 December 2021 and consists of three standing auditors and three alternate auditors in compliance with the gender balance criterion prescribed by current laws and regulations. Maria Francesca Talamonti, elected from the majority list With a Bachelor's degree in Economics and Business from the Bocconi University, he has been registered as a chartered accountant and specialist bookkeeper in Milan since 1982 and on the Register of Legal Auditors since 1995. Giulia De Martino, elected from the majority list The Board of Statutory Auditor was appointed by the Shareholders Meeting on 4 May 2018 until approval of the financial statements for the fiscal year as at 31 December 2020: The Board of Statutory Auditors is the body to which management control powers are attributed by law. The lists are deposited at the company headquarters at least 25 days before the date of the Shareholders’ Meeting on the first or single call and published on the corporate website www.saipem.com. A statutory auditor (監査役, kansayaku) is an official found in Japanese kabushiki gaisha (business corporations). She practices in her own firm in Milan (Studio Associato Pagani). In its capacity as “Committee for internal audit and accounting audit”, the Board of Statutory Auditors also carries out of the supervisory activities as set down by art. 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