This content is not available in your region

UniCredit confirms death of chairman

Access to the comments Comments
UniCredit confirms death of chairman
FILE PHOTO: Italy's Economy Minister Fabrizio Saccomanni speaks to reporters at the close of the G7 Finance Ministers and central bank governors summit at Hartwell House in Aylesbury, southern England May 11, 2013. REUTERS/Yui Mok/POOL/File Photo   -   Copyright  POOL New(Reuters)
Text size Aa Aa

MILAN (Reuters) – Italy’s biggest bank by assets UniCredit confirmed the sudden death of its chairman, Fabrizio Saccomanni, on Thursday.

In a statement, the bank said Deputy Chairman Cesare Bisoni would take on Saccomanni’s role pending the appointment of a new chairman.

Chief Executive Jean Pierre Mustier called the death of Saccomanni, a former economy minister and senior Bank of Italy official, a loss for the whole of Italy.

(Reporting by Silvia Aloisi)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.