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New Purpose of UniCredit Foundation to unlock the potential of Europe's next generation


  • UniCredit relaunches its Foundation with a renewed focus on youth and education
  • New governance team and Board of Directors introduced
  • Andrea Orcel appointed as Chairman of the BoD for the next three years to pursue this new journey



In line with its approach over the past 19 years of supporting meaningful projects with significant social impact and innovation, UniCredit has relaunched its Foundation with a new Purpose and a new governance team.


Embodying the UniCredit Group Purpose of Empowering Communities to Progress, the UniCredit Foundation aims to unlock the potential of Europe's next generation. It will work to provide Europe's youth with enhanced and equal educational opportunities and the support they need for success in the academic and professional world.


These activities are furthermore an important lever within the Group's social strategy and part of the ESG commitments and strategy.

To pursue this new journey, the Board of Directors of UniCredit Foundation ETS (Third Sector Entity) has appointed Andrea Orcel as Chairman for the next three years, succeeding the outgoing Chairman Maurizio Beretta. Giorgio Barba Navaretti has been nominated as Vice-Chairman and Silvia Cappellini as new General Manager.


"Education is essential. It's a key driver of Europe's future, and it is our responsibility as an institution to identify, support and empower our youth - those individuals who will lay the foundation for Europe's progress and success in the years to come. It is our bank's purpose to Empower Communities to Progress, and it is our commitment to promote social advancement, in line with our ESG strategy and strategic plan," commented Andrea Orcel, Chairman of UniCredit Foundation and Group CEO for UniCredit.


"We are proud to be part of this renewed UniCredit Foundation and to contribute to its new journey focused on youth and education. Concrete attention to the younger generation is what will truly make Europe sustainable and forward-looking. We are committed to bringing our varied and international careers in the service of a mission that is as ambitious as well as it is urgent: ensuring we properly prepare our youth for sustaining and developing our society for the future, by offering them the tools to become the leaders of tomorrow," commented Giorgio Barba Navaretti, Vice-Chairman of UniCredit Foundation's Board of Directors.


Thanks to its extensive network across all sectors of education, its international expertise and UniCredit's in-depth knowledge of local communities, the Foundation will select the right partners to support and participate in initiatives aimed at combating school drop-out, enhancing employability, encouraging university attainment and promoting study and research.


Serenella De Candia, UniCredit Group Compliance Officer, will maintain her role as a member of the Board of Directors that is composed of 9 international members, 6 of which are newly elected: Katharina Gehra, Szilvia Gyurkó, Roberto Kutić, Dorith Salvarani-Drill, Gerry Salole and Klaus Schwertner.

The Audit and Supervisory Board reconfirms its members for the next three years: Giorgio Loli, as Chairman, Elisabetta Magistretti and Michele Paolillo. The Scientific

Committee will continue to be guided by Professor Marco Pagano and will be composed of 11 additional members.


See below to learn more about the new Purpose, Mission and Governance team of the UniCredit Foundation:


·        The UniCredit Foundation's website

·        The UniCredit Foundation's Governance team

·        The UniCredit Foundation's new Purpose



Milan, 28 November 2022








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