UniCredit: Fabrizio Saccomanni Set to Become Chairman of the Board Next Year
08 Noviembre 2017 - 10:45AM
Noticias Dow Jones
By Marc Navarro Gonzalez
UniCredit SpA (UCG.MI) said Wednesday that Fabrizio Saccomanni
is set to become chairman of the board of directors next year.
The Italian company said the board unanimously elected Mr.
Saccomanni, 74, as non-executive director, with a mandate until
next year's annual general meeting. At that time, Mr. Saccomanni
will stand for election as UniCredit's chairman for the 2018-2021
term, replacing Guiseppe Vita.
The bank said Fabrizio Palenzona would step down to make room
for Mr. Saccomanni, as part of the bank's corporate governance
review.
Mr. Saccomanni formerly served as Italy's minister of finance
and as deputy governor of the Bank of Italy.
"Considering Mr. Fabrizio Saccomanni's professional background
and status, the board of directors has concluded that he is the
best candidate for the position as chairman of UniCredit for the
next term," the company said.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
November 08, 2017 11:30 ET (16:30 GMT)
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