Il segretario dell'organo di amministrazione

The Italian Corporate Governance Code urges the administrative bodies of listed companies to approve the appointment of the body’s secretary, also defining professionalism requirements and powers in its own regulations.
The Code entrusts the secretary with tasks to support the activity of the president, aimed at providing – with impartiality of judgment – assistance and advice to the collegiate body on every aspect relevant to the proper functioning of the corporate governance system.
The option made by the Corporate Governance Code thus contributes to assigning increasing importance to the functions exercised by the body’s secretary among the components of the corporate organization, in line with the experience gained in Anglo-Saxon countries, where the Company’s Secretary has long found its place in primary legislation.
Among the components that the Code considers fundamental for the proper functioning of the corporate governance system, the aim of ensuring effective management of board information is of particular importance.
The body’s secretary would then seem to be called upon to perform the function of connecting link in the communication chain, which would seem to establish itself among the information channels – so to speak – “ascending” (from the organizational structure of the company towards the president), and “descendant” (from the president to all directors).