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UniCredit Board of Directors Vice Chairman Luca Cordero di Montezemolo steps down

With effect from today, the day of the Annual General Meeting of UniCredit S.p.A. convened to approve the 2016 Financial Statement of the Bank, Mr. Luca Cordero di Montezemolo stepped down from his role as Vice Chairman.

 

Mr. Montezemolo informed the Chairman of the Board of Directors of UniCredit that the decision to step down was consistent with the evolution of the Bank's corporate governance suggested by the Corporate Governance, Nomination and Sustainability Committee, chaired by himself, and it brings the implementation of one of the corporate governance changes, that would take effect together with the renewal of the Board of Directors,  to be held in 2018 (i.e. the reduction of the number of Vice Chairmen to one), forward.  

 

 

Milan, April 20, 2017

 

 

 

Enquiries

 

Investor Relations

Tel +39 02 88621872

e mail: investorrelations@unicredit.eu

 

Media Relations

Tel +39 02 88623569

e mail: mediarelations@unicredit.eu