Mps, director investigated for insider trading resigns
Stefano Di Stefano, non-independent director and member of the Risk and Sustainability Committee, resigned from his position today
Banca Monte dei Paschi di Siena officially announces that 'Stefano Di Stefano, non-independent director and member of the Risk and Sustainability Committee, has resigned today from his position, effective immediately, for personal reasons and in relation to the start of investigations against him'. Hence the bank's note. The resignation of the Economy Ministry executive from the board of Rocca Salimbeni is to be linked to an investigation for insider trading launched by the Milan Public Prosecutor's Office in relation to the purchase of Mediobanca and Mps shares made by the Ministry executive in Via XX Settembre close to the takeover bid launched by Siena on the bank of Piazzetta Cuccia.
Banca Mps, the note continued, 'having taken note of the decision taken, thanks Di Stefano for his activity as director over the years'.
