Empowering women to grow within UniCredit
17 May 2022
We want to support and enable more women to build long and satisfying careers within at UnICredit, and we are especially working to increase the representation of women at the management level.
To bring our efforts to life, we take a multifaceted approach – investing in a diverse, equitable and inclusive environment, designing the Global Job and Skill Framework, and promoting our female talent and leadership within our Group and beyond.
Our diverse offer of development programmes for female colleagues stands as a testimony to this commitment. A strong example of this is the WeFly Programme – an international and cross-company women's mentoring program by Valore D and sponsored by UniCredit.
Beginning today, May 16, the second edition of the initiative is launched, with 162 participants of 19 different nationalities, coming from 47 companies worldwide.
We are thrilled to announce that a total of 60 UniCredit colleagues will be participating in the WeFly programme: 30 women who will join as mentees and 30 men and women who will participate as mentors.
Valore D is the first association of companies in Italy which since 2009 has been committed to building a professional world without discrimination, in which gender equality and the culture of inclusion support the innovation, progress and growth of organizations and of Italy.
The Wefly® programme will engage women who are middle managers to support them in exploring more international careers. Through cross-country mentoring, participants will experience different professional cultures, helping to enrich their management styles.
The match between mentors and mentees is defined through a tailor-made interview process to ensure the best matches in terms of personal attitudes and professional goals.
Over the next 7 months, each mentee will be paired with a mentor, where they will have the opportunity to grow their professional network, become familiarised with various cultures, strengthen their ambition to further achieve professional success, and empower future generations of colleagues.
Commenting on the program, Siobhan Mc Donagh, Head of Group People & Culture said: “UniCredit remains wholly committed to providing the best professional growth opportunities to women at all levels across the Group. As testament to this, we are continuing to make progress in our ambition to increase female representation in management roles. We are proud to work with Valore D, a respected leader in promoting gender balance. Together, we will provide additional career support to all female managers to determine their strengths, increase their know-how and further build on these skills – because when you do what you enjoy, it shows. For many years, our company has invested in internal mentoring and coaching, and we will continue to do so with this ambition in mind.”
Paola Mascaro, President at Valore D commented: "Even today, many women do not take on new career challenges, or explore international careers, often because of a lack of confidence in their self. The value of a cross-company experience such as WeFly lies in the opportunity for women to confront with different cultures and learn from different management style, a fundamental step to build a solid career path for tomorrows D&I leadership”.
UniCredit Media Relations
UniCredit: update on the execution of the share buy-back programme during the period from 11 to 13 May 2022
17 May 2022
Within the UniCredit S.p.A. (the “Company” or “UniCredit”) share buy-back programme communicated to the market on 10 May 2022 and initiated on 11 May 2022, in execution of the resolution of the shareholders’ meeting held on 8 April 2022 (the “First Tranche of the Buy-Back Programme 2021”) – on the basis of the information received from Goldman Sachs International as intermediary in charge of executing, in full independence (so-called “riskless principal” or “matched principal”), the First Tranche of the Buy-Back Programme 2021 – UniCredit informs, pursuant to art. 2, paragraph 3, of the Delegated Regulation (EU) 2016/1052, that it has carried out the transactions indicated below.
The chart below provides aggregate details of the daily purchases of UniCredit ordinary shares (ISIN IT0005239360), made from 11 May 2022 to 13 May 2022.
AVSI opens #HelpUkraine hub in Milan with the support of UniCredit
16 May 2022
The hub is based in Viale Monza 79, Milan.
The launch event was attended by Anna Scavuzzo, Deputy Mayor of Milan; Natalino Manno from the Prefect of Milan; Giuseppe Petronzi, Questore of Milan; Siobhan McDonagh, Head of Group People and Culture at UniCredit; Stanislav Plakhotnyi, Consul of Ukraine in Milan; Giampaolo Silvestri, Secretary General of AVSI and Patrizia Savi, President of AVSI
Today the #HelpUkraine hub was opened in Viale Monza 79, Milan, thanks to the joint efforts of a number of organisations managed by Fondazione AVSI, including Associazione Famiglie per l'Accoglienza, Associazione San Martino, Fondazione Franco Verga, Associazione I Bambini dell'Est, the Ukrainian NGO Emmaus, Medici in Famiglia Impresa Sociale, and the help of UniCredit. The project combines service innovation and community involvement in a space provided on free loan by UniCredit.
The hub was set up to respond to the needs of a growing number of Ukrainian refugees arriving to Milan, pooling resources to coordinate and centralise support services as well as connect the many Italians wishing to help with those in need. In addition to providing the space for the hub, all UniCredit Group employees in Italy have the chance for active involvement in this initiative through volunteering.
Andrea Orcel, CEO of UniCredit, said: “I am incredibly proud that we are able to offer our help to the refugees displaced by the war in Ukraine in a specific and concrete way that allows us to also further support the unity and wellbeing of our whole community in Italy. I truly believe that our role and responsibility as a bank go far beyond lending. In the face of the humanitarian crisis unfolding in Europe right now, it is critical for us to fulfil our social function responding to the urgent needs of our communities, always empowering their progress and importantly allowing our people to actively contribute to this effort.”
“After intervening promptly on the borders of Ukraine, in Poland and Romania, and inside Ukraine itself - explains Giampaolo Silvestri, Secretary General of AVSI Foundation - we realised that we couldn't fail to address the huge demand for help in our country, and to match it to the great wave of solidarity shown by so many families. This led to the idea of networking, involving different actors, to coordinate and join forces to better respond to this new challenge.”
The hub aims to both, facilitate the reception and integration of Ukrainian citizens arriving to Italy as refugees, and to support people in Italy who wish to help. More specifically, it will carry out the following activities:
- provide urgent information, guidance and assistance to Ukrainian citizens and fleeing families who have entered Italy;
- provide support in the process for obtaining a residence permit, for reporting unaccompanied minors, for registration with the SSN, vaccinations, entry into the school system, etc.;
- gather and promote a network of families who wish to offer their hospitality to Ukrainian citizens, welcoming them into their homes and / or providing flats and houses they own for this purpose;
- share relevant information to raise awareness and provide support in the process of connecting available accommodation in families and / or vacant flats / houses with refugees in need;
- provide dedicated support services to Ukrainian refugees and host families, including vouchers and psychosocial support services;
- provide support to Ukrainian children and adolescents for integration and participation at school as well as in recreational, play and sports activities;
- offer Italian language training, addressed to both minors and adults, to acquire basic Italian language skills that can facilitate the process of integration and access to schools and work;
- promote information that can support job seeking and orientation;
- offer support in obtaining medical assistance such as paediatric examinations, specialist examinations and tests for children and adults, antigenic and molecular swabs.
The hub's operational secretariat has also set up a working group with weekly meetings with Banco Building, Banco Farmaceutico, Banco Alimentare, Cdo Opere Sociali, Cdo Opere Educative, Banco Informatico Biteb, in order to share mutual updates on the Ukraine emergency and constantly liaise with the competent local and national institutions (Municipality, Prefecture, Police Headquarters, Juvenile Court, Region, etc.), and with other Third Sector entities actively involved in the local response in Italy.
Contact info point Help Ukraine
- Contact details:
+39.02.674988368 in Ukrainian and English
+39.02.674988369 in Italian
- Hours of operation
Monday to Friday - 10.00 to 13.00 - 14.00 to 17.00
- Operative Headquarters: Viale Monza 79, 20131, Milan
Milan, 16 May 2022
UniCredit Media Relations
UniCredit and SheTech launch Coding Bootcamp for women
11 May 2022
A workshop for female programmers designed by professionals and computer science enthusiasts focused on Java Enterprise core technologies
UniCredit and SheTech, the non-profit association with the aim to bridge the gender gap in the world of technology, digital and entrepreneurship, are pleased to present the Java Enterprise Coding Bootcamp for women from 11 to 13 May.
This is a three-day online workshop that explores Java Enterprise Edition core technologies, held from 5:30 to 8:00pm each day. The bootcamp has been designed by IT professionals and enthusiasts with the purpose of exploring the fundamental concepts of JAVA-based applications, covering both theory and practical examples, and all the main tools the platform provides.
The workshop is free and exclusively dedicated to female JAVA web application programmers with at least 1 year of working experience and to female programmers with some experience or basic knowledge of Java EE technologies.
Monica Rancati, Head of Group Functions/Digital for People & Culture at UniCredit, commented: "We are very pleased with this collaboration, which once again demonstrates our commitment to promoting and supporting female talent and leadership. It also fits perfectly with our Group's broader strategy to support all forms of diversity and promote inclusion.”
"The initiative - she continued - is further evidence of the continued efforts of our Bank to help accelerate the empowerment of women. ESG principles are an essential component of our UniCredit Unlocked strategic plan, and we believe that as a bank we also play an important social role, which includes helping to build a more equal and inclusive society. We are strongly committed to increasing the representation of women at UniCredit. At the end of 2021, the percentage of women among the Group's new hires was 58% and the percentage of women in managerial roles was 39%. Furthermore, we aim to bridge the gender pay gap over the next three years and have allocated 100 million euros to arrive at gender pay parity, meaning equal pay for equal work."
Silvia Fanzecco, Community Manager at SheTech, said: "Thanks to this partnership we hope to give a concrete opportunity to all those women who want to grow and deepen their knowledge in the world of programming and encourage them more and more to train and pursue a career in these areas where the gender gap is still present today. The work done together with a partner like UniCredit is essential to transform the tech world into an increasingly meritocratic and inclusive sector".u
UniCredit Media Relations
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Announcement of the launch of the Share Buy-Back Programme
10 May 2022
UniCredit S.p.A. (the “Company” or “UniCredit”) announces, as per the authorisation granted by the Shareholders’ Meeting of the Company held on 8 April 2022 and as per the 1Q22 Group results’ press release dated 5 May 2022, that it has defined the measures for the execution of the first tranche of the share buy-back programme for a maximum amount of Euro 1,580,000,000.00 and for a number of UniCredit ordinary shares not exceeding 215,000,000 (the “First Tranche of the Buy-Back Programme 2021”).
As disclosed on 5 May 2022, the First Tranche of the Buy-Back Programme 2021 has been authorised by the ECB.
For the purpose of executing the First Tranche of the Buy-Back Programme 2021, UniCredit today engaged Goldman Sachs International as qualified third-party broker (the “Broker”) which will decide on the stock purchases in full independence, also in relation to the timing of the transactions and in compliance with the daily price and volume limits and the terms of the programme (so-called “riskless principal” or “matched principal”).
The First Tranche of the Buy-Back Programme 2021 has the following features:
purposes and procedures according to which the purchases may be made: the First Tranche of the Buy-Back Programme 2021 will be implemented for the purposes set forth in Article 5, paragraph 2, letter a), of Regulation (EU) 596/2014 (the “MAR”) and the individual purchases shall be made in compliance with Article 132 of the Italian Consolidated Financial Act, Article 144-bis, paragraph 1, letter b), of CONSOB Regulation no. 11971/99, as well as in compliance with Article 5 of the MAR and Delegated Regulation (EU) 2016/1052;
maximum amount in cash allocated to the First Tranche of the Buy-Back Programme 2021 and maximum number of shares to be purchased: the purchases will be made, also partially and in one or more transactions, for a total expenditure up to Euro 1,580,000,000.00 and, in any case, not exceeding no. 215,000,000 ordinary UniCredit shares (the latter equal to approximately 9.84% of UniCredit’s share capital at the date of this press release);
duration of the First Tranche of the Buy-Back Programme 2021: the purchases will start in the current week and, pursuant to the mandate granted to the Broker, it is envisaged that the purchases may be completed indicatively by the end of July 2022;
minimum and maximum price: the purchases must be made in accordance with the limits set out by Delegated Regulation (EU) 2016/1052, it being understood that the purchase price cannot diverge downwards or upwards by more than 10% from the official price that will be registered by the UniCredit share in the trading session of Euronext Milan, organised and managed by Borsa Italiana S.p.A., on the day prior to the execution of each individual purchase transaction;
exchange: the purchases will be made on Euronext Milan, organised and managed by Borsa Italiana S.p.A..
The transactions completed will be disclosed to the market in accordance with the terms and conditions set out in the laws and regulations in force.
Any subsequent changes to the First Tranche of the Buy-Back Programme 2021 will be promptly disclosed to the public in the manners and terms provided for by the laws and regulations in force.
The ordinary UniCredit shares that will be acquired as part of the First Tranche of the Buy-Back Programme 2021 will be cancelled in execution of the resolution of the abovementioned Shareholders’ Meeting.
For further details, please refer to the authorisation resolution approved by the Shareholders’ Meeting and the related report by the Board of Directors, available in the “Governance” section of the Company’s website (www.unicreditgroup.eu) and on the eMarket STORAGE (www.emarketstorage.com).