GOVERNANCE

Arpinge was founded with governance principles similar to those of the best international experience and inspired by criteria typically employed by regulated and supervised companies operating in the field of asset management. The adoption of principles that are consistent with the best international standards, provides a virtuous foundation to the project, making the management process solid and credible.
The company’s principal credentials are its autonomy of management with regard to the strategic management of the property, full transparency and traceability of decision-making, professionalism and collegiality of analyses and decisions, and the presence of articulated control tools.
Professionality and integrity requirements adopted are consistent with those demanded by the supervisory authorities for the finance and credit sectors.
Investment criteria are based on the most rigorous principles such as: alignment of interest with the other partners; fairness in commercial relations with other parties; transparency of agreements and processes.

Board of Directors
A Board of Directors composed of four directors, including the Chairman, leads the company.
The Board of Directors determines the company’s objectives and general management strategies, its investment policies and sectorial priorities and approves investment and disinvestment operations.

Composition:

Valerio BignamiChairman
Federico MerolaCEO
Cristiano CremoliBoard member

GOVERNANCEArpinge was founded with governance principles similar to those of the best international experience and inspired by criteria typically employed by regulated and supervised companies operating in the field of asset management. The adoption of principles that are consistent with the best international standards, provides a virtuous foundation to the project, making the management process solid and credible.
The company’s principal credentials are its autonomy of management with regard to the strategic management of the property, full transparency and traceability of decision-making, professionalism and collegiality of analyses and decisions, and the presence of articulated control tools.
Professionality and integrity requirements adopted are consistent with those demanded by the supervisory authorities for the finance and credit sectors.
Investment criteria are based on the most rigorous principles such as: alignment of interest with the other partners; fairness in commercial relations with other parties; transparency of agreements and processes.

Board of Directors
A Board of Directors composed of four directors, including the Chairman, leads the company.
The Board of Directors determines the company’s objectives and general management strategies, its investment policies and sectorial priorities and approves investment and disinvestment operations.

Composition:

Valerio BignamiChairman
Profile

Claudio GuanettiBoard member
Federico MerolaCEO
Cristiano CremoliBoard member
Claudio GuanettiBoard member

Board of Auditors
The Board of Auditors oversees the compliance with the law and the company bylaws, with the principles of sound and prudent management as well as the adequacy and proper functioning of the organisational, administrative and accounting systems adopted by the company.


Composition:

Pier Giorgio CempellaChairman
Massimo CavallariActing Auditor
Giuseppe GraziaActing Auditor

Investment Committee
The Investment Committee includes the CEO, two members of the Investment Team and two independent members, chosen on the basis of proven experience in infrastructure and/or real estate.
It is a technical body of a consultative nature, which expresses a reasoned opinion on any investment decision considered by Arpinge. In particular, the Investment Committee evaluates in technical and collegial terms the alignment of operations with the investment and management policies and strategies established by the Board of Directors of the Company, taking into account the various areas of risk/attention related to management decisions.


Composition:

Giovanni CanepaIndependent member
Marco Cecchi de’ RossiIndependent member

Supervisory BoardThe Supervisory Board is an autonomous and independent body that oversees the proper application of the Model of Organisation, Management and Control pursuant to Italian Legislative Decree 231/2001, governing the company’s responsibility for crimes committed in its interest by top management or employees and supervises its application.

Independent AuditorsStatutory audit activities are entrusted to KPMG for the first three years.

[/av_testimonial_single]
[/av_testimonials]
[/av_two_third]

Board of Auditors
The Board of Auditors oversees the compliance with the law and the company bylaws, with the principles of sound and prudent management as well as the adequacy and proper functioning of the organisational, administrative and accounting systems adopted by the company.

Composition:

Pier Giorgio CempellaChairman
Massimo CavallariActing Auditor
Giuseppe GraziaActing Auditor

Investment Committee
The Investment Committee includes the CEO, two members of the Investment Team and two independent members, chosen on the basis of proven experience in infrastructure and/or real estate.
It is a technical body of a consultative nature, which expresses a reasoned opinion on any investment decision considered by Arpinge. In particular, the Investment Committee evaluates in technical and collegial terms the alignment of operations with the investment and management policies and strategies established by the Board of Directors of the Company, taking into account the various areas of risk/attention related to management decisions.

Composition:

Giovanni CanepaIndependent member
Marco Cecchi de’ RossiIndependent member

Supervisory Board

The Supervisory Board is an autonomous and independent body that oversees the proper application of the Model of Organisation, Management and Control pursuant to Italian Legislative Decree 231/2001, governing the company’s responsibility for crimes committed in its interest by top management or employees and supervises its application.

Independent Auditors

Statutory audit activities are entrusted to KPMG for the first three years.