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UCG Unicredit Spa

34.90
0.32 (0.93%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unicredit Spa BIT:UCG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.32 0.93% 34.90 34.70 34.95 35.17 34.655 34.70 5,644,142 16:40:00

UniCredit Chairman Fabrizio Saccomanni Has Died -- Update

08/08/2019 5:31pm

Dow Jones News


Unicredit (BIT:UCG)
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By Giovanni Legorano and Nathan Allen

 

ROME--Fabrizio Saccomanni, the chairman of Italian banking giant UniCredit SpA (UCG.MI), has died suddenly, the company said on Thursday.

"UniCredit loses a chairman of the highest order and depth who has guided the bank's board through a time of tough challenges with great balance and transparency, a clear strategic vision, a strong sense of direction," Chief Executive Jean Pierre Mustier said.

The news of Mr. Saccomanni's death was previously reported on Italian daily Corriere della Sera's website.

Mr. Saccomanni, 76, took over as chairman of the bank's board last year after a long career at the Bank of Italy, where he served as director general, and a brief stint as Italy's economy minister with the government headed by Prime Minister Enrico Letta.

"His death is a loss for the whole country," Mr. Mustier said.

 

Write to Giovanni Legorano at Giovanni.Legorano@wsj.com and Nathan Allen at Nathan.Allen@dowjones.com

 

(END) Dow Jones Newswires

August 08, 2019 12:16 ET (16:16 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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