Alfredo Gysi, at the helm of BSI Group since 1994, will step down from his operational role upon reaching retirement age.
The Generali Group, BSI AG’s sole shareholder, has designated Gysi as a new member of the Board of Directors with effect from 1 January 2012. His appointment will be submitted for approval to a BSI AG Extraordinary Shareholders’ Meeting, to take
place before the end of 2011. Gysi is also expected to take over as Chairman of the Board in April 2012, when the term of current Chairman Giorgio Ghiringhelli expires.
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Ghiringhelli, who joined BSI in 1963, will relinquish his position at his own request after 18 years on the Board, eight of them as its Chairman.
Giovanni Perissinotto, Group CEO of Generali, commented: "BSI is a strategic asset for the Generali Group. The Bank has proven its ability to face the difficult current environment positively, thanks especially to a high-quality team that rose through the ranks within the Bank on the basis of merit. I am certain that this team will continue to guarantee future success for the Institution".
Giorgio Ghiringhelli, Chairman of the Board of BSI AG said: "At this historic time of significant change both in the macroeconomy and at BSI, the choice of Stefano Coduri and Alfredo Gysi guarantees continuity in the management of our Institution".
"I am very pleased about the appointment of Stefano Coduri," said Gysi. "In our new respective positions we will be able to continue a working relationship that has spanned more than two decades, a time during which I have greatly admired not only his outstanding professional skills, but also the depth of his human qualities, which will undoubtedly contribute to BSI’s success".
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By GlobalDataAfter 18 years at the operational helm of BSI, Gysi will continue to contribute to the Bank’s growth in his new role on the Board of Directors. Under his leadership, BSI has become a major player in portfolio management, strongly rooted in Switzerland and with
a presence in all major international markets.
Stefano Coduri joined BSI in 1989 and has spent his entire career at the bank. He was appointed to the Executive Board in 2004. He successfully led the most important projects involving the Bank in recent years, including the integrations of Banca Unione di
Credito (BUC), acquired in 2006, and Banca del Gottardo, acquired in 2007, and the implementation of a new IT platform for the whole BSI Group. Before taking over his present position as Head of Banking Platform (group operations), Stefano Coduri acquired a wealth of experience in various segments of the Bank, including private banking, product management and organisation.
