Board induction

board induction

 Snam holds specific board induction sessions for members of the Board of Directors and the Board of Statutory Auditors.

Following the appointment of the Board of Directors and the Board of Statutory Auditors, board induction sessions were held, which were attended by the members of both Boards.

In accordance with the Code of Corporate Governance, the board induction sessions aim to provide directors and standing auditors with adequate knowledge of the sector in which the Company operates, as well as focusing on company dynamics and changes in the ownership structure.

The sessions covered:

(i) the structure and rules of the governance system;
(ii) the internal control and risk management system;
(iii) the strategies of Snam and its Subsidiaries;
(iv) the operating and market context;
(v) the relevant regulatory framework.

The sessions were designed and led by the managers and/or heads of the relevant units.The session aimed to illustrate the strategies of Snam and its Subsidiaries was conducted by the CEO.

In May 2015, an off-site induction session was held for directors and statutory auditors with a view to ensuring that they acquired significant information about the various activities of the Group, including through interaction with the management of the Subsidiaries.


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Page Alert
30 August 2016 - 13:47 CEST