Telecom Italia Establishes New Supervisory Body
April 02 2020 - 2:01AM
Dow Jones News
By Pietro Lombardi
Telecom Italia SpA has established a new supervisory body in a
bid to improve internal control and risk management.
The new body will take on supervisory functions that until now
were assigned to the board of statutory auditors, the Italian
company said late Wednesday.
Giuseppe Pignatone was chosen as chairman of the newly-created
body.
"The new model is a significant improvement, bringing it into
line with best practices with the aim of further strengthening
TIM's internal control and risk-management system, an area to which
the company has always been committed," the company said.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
April 02, 2020 01:46 ET (05:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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