Milan, March 30, 2020.

Davide Grignani is the new Chairman of AIAF, the Italian Association for Financial Analysis, which brings together all those who practice this profession in Italy. His assignment will last four years.

He is currently Managing Director, Head of Financial Institutions of Société Générale Italy. He will continue the work carried out by the outgoing Chairman Alberto Borgia, whom AIAF thanks for having contributed to the Association helping it become the Standard Setter of financial analysis in Italy.

“I take on this important task in one of the most difficult moments of the last 70 years” - says Davide Grignani. “Today the challenge of our new prestigious team is more than ever to support the role of the financial analyst who is and will be even more indispensable, thanks to his ability to identify and assess risks.”

Stockholm, March 30, 2020.

Lars Söderfjell was elected to Chair of the Sveriges Finansanalytikers Förening (SFF) – the Swedish Society of Financial Analysts at their 2019 AGM.

He has a long history within the SFF helping to contribute to their work promoting the role of financial analysts in Sweden. He is Head of Equities at Ålandsbanken and chair of the SFF’s Company Valuation commission.

Madrid, March 13,2020

Bankia bets on EFFAS CESGA certification to train its professionals in ESG^[i].

The in-fashion green certificate the managers of Santander, BBVA or Caixa are fighting for^[ii]

The primary focus of the PTF-CRR was on identifying good reporting practices and assessing the level of maturity in the implementation of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, while also taking into consideration the climate-related reporting elements of the EU Non-financial Reporting Directive and the related European Commission non-binding guidelines.

A report launched in February this year which should be of interest to EFFAS members and especially those concerned with ESG is “How to improve climate-related reporting: A summary of good practices from Europe and beyond” It is the result of collaboration between European preparers, users and other stakeholders within the Project Task Force on Climate-related Reporting (PTF-CRR), and it consists of a main document and two supplements. Andrea Gasperini a member of the EFFAS CESG Commission on Environment, Social and Governance and of the Italian Association for Financial Analysis (AIAF) was part of this task force.