EACB Press Release:
The EACB Executive Committee elects a new Board and confirms Christian Talgorn as President to lead the joint efforts towards a regulatory framework adapted to co-operative banks specificities
Brussels, 20th June 2014.The Executive Committee of the European Association of Co-operative Banks (EACB) met today in Rome. The Executive Committee meeting was hosted by Associazione Nazionale fra le Banche Popolari (ANBP) and BCC Federcasse, the two Italian members of the EACB. The meeting, introduced by ANBP President Mr Emilio Zanetti and BCC Federcasse President Mr Alessandro Azzi, focused on the current reforms in the banking sector, including the Banking Union and their impact for co-operative banks in Europe, also in light of the upcoming semester of Italian Presidency, which will begin on 1st July.
The EACB advocates for the recognition of the co-operative business model and it reaffirms that in terms of regulation and supervision equal treatment does not mean uniform treatment but non-discriminatory treatment which recognizes the distinct character of co-operatives.
During the meeting, the Executive Committee has re-elected Christian Talgorn as its President for a new two-year mandate.Mr Talgorn is also Chairman of the Board of Caisse Régionale du Morbihan and Member of the Committee of Fédération Nationale du Crédit Agricole (FNCA).
After his re-election Mr Talgorn commented: “I would like to thank all the Members of the Executive Committee of the EACB for their renewed trust and support for my re-election as President of the Association. It is a honour for me to continue leading our joint efforts. The 3,700 co-operative banks finance one third of small and medium-sized businesses in Europe and are fully committed to continue funding local and regional growth. The regulatory framework should not put them at a disadvantage."
During the meeting, the EACB Executive Committee also re-elected Mr Gerhard Hofmann (Board Member of Bundesverband der Deutschen Volksbanken und Raiffeisenbanken - BVR) as one of the Vice-Presidents of the Association and also elected Mr Andrea Moltrasio (President of the Supervisory Board - UBI Banca) as a new Vice-President. All Vice-Presidents are elected for a two-year mandate. Finally, Mr Rainer Borns (Chief Operating Officer of Österreichische Volksbank AG) was elected Board Member of the EACB for a term of two years.
For the full Press Release, Press Kit for the event and points of contact, please click on Download PDF.