UniCredit Chairman Saccomanni has died: source

FAN Editor
FILE PHOTO: Italy's Minister of Economy and Finance Saccomanni attends session of World Economic Forum in Davos
FILE PHOTO: Italy’s Minister of Economy and Finance Fabrizio Saccomanni gestures during a session at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014. REUTERS/Ruben Sprich/File Photo

August 8, 2019

ROME (Reuters) – Fabrizio Saccomanni, chairman of Italy’s biggest bank UniCredit <CRDI.MI>, has died suddenly, a person with knowledge of the situation said on Thursday.

Saccomanni, 76, formerly a top executive at the Bank of Italy and also economy minister, had attended UniCredit’s results presentation in Milan on Wednesday.

The source confirmed a report of Saccomanni’s death published by daily Corriere della Sera on its website. UniCredit declined to comment.

Saccomanni was appointed chairman of the board of UniCredit, a non-executive role, in April last year. The bank is run by Chief Executive Jean Pierre Mustier.

(Reporting by Stefano Bernabei and Gianluca Semeraro, editing by Silvia Aloisi/Keith Weir)

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