Compliance and integrity-based programs are the leading pragmatic approaches to sustainability in today’s business environment. These concepts take on a broader scope, where companies are not only called upon to pursue the profitability of their investments, but also to integrate further interests into promoting virtuous synergies and positive impact among stakeholders.
In this sense adopting, promoting and rewarding cooperative compliance is key, and the application of transparency is essential for combating corruption. In fact, companies with a strong compliance culture, on one side, enhance their ability to attract investors, customers and talented professionals, and on the other are able to improve the overall quality of work and wellbeing of individuals.
The COVID-19 pandemic has accelerated the emergence of global risks, has penalized our economies, and has raised further questions on social unrest, environment, and social inequality. The commitment of the B20 Italy is to convey and provide pragmatic solutions that embrace the renewed concepts of integrity and compliance, to create a better future through inclusion and positive impact.
Maria Patrizia Grieco has been the Chairperson of the Board of Directors of Banca Monte dei Paschi di Siena since May 2020. From May 2014 to May 2020 she was the Chairperson of the BoD of Enel. Having graduated in Law from the University of Milan, she started her career in 1977 at ltaltel, where in 1994 she became chief of the Legal and General Affairs directorate and then CEO in 2002. Subsequently, she held the positions of CEO of Siemens Informatica, Partner of Value Partners and CEO of the Group Value Team (today NTT Data). From 2008 to 2013 she was CEO of Olivetti, where she also held the role of Chairperson from 2011. She has been a member of the BoD of Fiat Industrial and CIR and currently serves on the Board of Ferrari, Amplifon and Endesa S.A. Mrs. Grieco is also Deputy Chair and a member of the steering committee of Assonime and is a member of the BoD of Bocconi University as well as Chairperson of the Italian Corporate Governance Committee in 2017.
Valentino Ianieri has been in the Institutional Affairs and Sustainability department of Banca Monte dei Paschi di Siena since January 2017. From May 2008 he has been working at Banca Monte dei Paschi di Siena serving in different roles of the commercial branch, from retail banking to private banking. Having graduated in International and Diplomatic Sciences from the University of Bologna, he started his career in 2005 at the Directorate for Political Affairs and Multilateralism of the Italian MFA. Subsequently, he worked as analyst of the International Institute of the Industrial and Environmental Economics of Lund University, in order to evaluate policy instruments to foster energy efficiency.