The board of directors of Banco Bpm has unanimously approved the outgoing board's list for the renewal of the institute's leadership, which is based in Piazza Meda. The list includes current CEO Giuseppe Castagna, along with Chairman Massimo Tononi and Vice Chairman Maurizio Comoli. Notably, Alberto Oliveti also remains on the list, representing the consultation agreement between asset management companies and foundations.

Several new candidates have emerged on the list, such as Costanza Torricelli, who previously served as a board member of Anima and was with Banco from 2017 to 2023, along with Giovanna Zanotti, another Anima board member. Additional notable entries include Teresa Cristiana Naddeo, the administrator of WeBuild, Francesco Mele, the current CFO of Campari and former executive at Cassa Depositi e Prestiti, Silvia Stefini, past board member of Popolare di Sondrio, and former J.P. Morgan executive Pietro Grassano.

This renewal effort indicates a strategic move by Banco Bpm to maintain continuity with the inclusion of established figures while also injecting fresh talent into the leadership structure. The decision is likely to have implications for the bank's direction, especially with Agricole running independently amid changing dynamics in the financial sector.