The Telecom Italia Board of Directors, which met today in Milan under the chairmanship of Roberto Colaninno, reinforced the Audit and Corporate Governance Committee by nominating a third member, Professor Guido A. Ferrarini, Board member appointed by the Shareholders´ Meeting on the 12 June at the behest of Italian investment funds; Professor Ferrarini will also assume Chairmanship of the Committee. The two other members of the Committee are, Mr Jeffrey Livingston, who represents the foreign investment funds, and Mr Gerard Worms.
Professor of Financial Law at Genoa University, Professor Ferrarini is one of the main experts in financial markets and corporate governance, he participated, amongst other things, in the writing of the "Testo Unico delle disposizioni in materia di mercati finanziari" (Draghi Law) and was corporate governance adviser to Borsa Italiana SpA.