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The Head of Supervisory Council of Intesa Sanpaolo Group Giovanni Bazoli addressed students of Russian Plekhanov University of Economics

October 6, 2014, Moscow. As part of the visit to Russia, the Head of Supervisory Council of Intesa Sanpaolo Group, professor Giovanni Bazoli gave a lecture entitled “Economics and business ethics” for students of Russian Plekhanov University of Economics.

In his presentation professor Bazoli spoke on globalization and its impact on modern society.

In professor’s point of view, globalization should be treated as a phenomenon. Such process, despite the benefits for global economics (increase in lifetime, reduction of population illiteracy), couldn’t solve its main problem – more equal distribution of wealth. To take the path of global economic improvement, it’s important to review current approaches and existing models.

“We should abandon liberal approach, according to which economics ignores the most important issues of equality”, - professor Bazoli stated in his presentation.

As a part of the event students could ask professor Bazoli. In general those questions focused on economic crisis and relations between Russian and Europe.

The lecture was attended by: the Dean of Financial Faculty Aleksej Bolvachev, the Dean of the Faculty “international Business School” Nadezda Ponomareva, the Head of the Board of Directors of Bank Intesa Antonio Fallico, and lecturers, stuff members and students of the university. In total the lecture was attended by 200 people.

About Giovanni Bazoli

Lawyer. Professor of  Administrative law and Institutions of public law at Università Cattolica in Milano until 2003. In 1982 he was one of the prime movers of Nuovo Banco Ambrosiano and remained continuously at the head of that institution until the establishment of Intesa Sanpaolo in January 2007. He is Chairman of the Supervisory Board of Intesa Sanpaolo. Knighted for Services to Industry: “Cavaliere del Lavoro” and “Cavaliere di Gran Croce" in Italy, and “Officier de la Légion d’Honneur” in France. He also holds “Honoris causa” degrees in “Economia Bancaria”, from Università degli Studi di Macerata, and in “Conservazione dei beni culturali” from Università degli Studi di Udine. He is Chairman of Fondazione Giorgio Cini of Venice.

About Intesa Sanpaolo

Intesa Sanpaolo is the banking group which was formed by the merger of Banca Intesa and Sanpaolo IMI. The merger brought together two major Italian banks with shared values so as to increase their opportunities for growth, enhance service for retail customers, significantly support the development of businesses and make an important contribution to the country's growth. Intesa Sanpaolo is among the top banking groups in the euro zone, with a market capitalisation of 39.3 billion euro(1).
Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate, and wealth management). The Group offers its services to 11.1 million customers through a network of over 4,500 branches well distributed throughout the country with market shares no lower than 13% in most Italian regions.
(1) As at 30 September 2014

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