José Félix Morgado accepted an invitation to chair Savings … – Daily News – Lisbon

José Manuel Félix Morgado accepted the invitation to be proposed for the presidency of the Board of Directors of Caixa Económica Montepio Geral, said in a statement institution placed on the page of the Portuguese Securities Market Commission.

In the text, released at the end of Tuesday night, the Caixa Económica Montepio Geral said that “José Manuel Félix Morgado accepted the invitation addressed to it by the Board of Directors of Montepio Geral – Mutual Benefit Association, to be proposed as candidate for president the Executive Board of Directors of said Savings Bank “.

This invitation, the statement added, was formulated following the general meeting held on May 26, 2015, under which the modification of the approved the institution’s statutes.

This meeting approved an amendment of statutes that allows you to separate the bank’s board of directors and of the mutual association.

“The approved amendment had the purpose, on the one hand , change the institution’s government policy to disposing positions inherently, making it fully independent of Montepio Geral – Mutual Benefit Association, and on the other hand, introduce the statutes changes resulting from the new legal framework of financial institutions, including through the consecration of the existence of various committees with expertise, “said at the time Montepio.