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UniCredit has shuffled its top ranks, adding French investment banker Jean-Pierre Mustier as its new Chief Executive, following a unanimous board endorsement – he will step into the new role on July 11, according to a recent Reuters report.
UniCredit is Italy’s largest bank by assets and one of the key players in the European financial realm. The decision to appoint Mustier was reflective of his past roles, which saw him serve as the head of banking divisions across both Societe Generale and UniCredit.
His ascension into UniCredit’s top role also marks the end of a five-week speculation that saw the bank ... (read more)