Here are news and surprises of the list for the board of Unicredit, all the curricula

The Unicredit board of directors has defined the list of directors to be proposed for the renewal of the board of directors of the banking group. Names, curricula, news, surprises and absences

Yesterday the Unicredit board of directors defined the list of directors to be proposed for the renewal of the board of the banking group and determined the number of members of the board of directors who will remain in office over the next three years to be 13.

UniCredit proposed Pietro Carlo Padoan as chairman and Andrea Orcel as CEO. Meanwhile, from the communications released by Consob on March 3, 2021, we learn that on February 23, the German giant Allianz increased the stake held in Unicredit from 1.132% to 1.255%.

The list approved by the board therefore contemplates 11 names out of the 13 members of the future BoD, in anticipation of the election of two directors from the minority list, traditionally presented by Assogestioni.

HERE IS THE LIST FOR THE BOARD OF UNICREDIT FOR THE NEXT BOARD OF UNICREDIT

Yesterday the Unicredit board presented its list of 11 candidates, based on the appointment of a board for the next three years consisting of 13 members. The squad includes Pier Carlo Padoan (president), Andrea Orcel (CEO), Lamberto Andreotti, Elena Carletti, Jayne-Anne Gadhia, Jeffrey Hedberg, Beatriz Lara Bartolomè, Luca Molinari, Maria Pierdicchi, Renate Wagner, Alexander Wolfgring.

THE ANALYSIS OF THE SUN 24 HOURS ON THE LIST FOR THE BOARD OF UNICREDIT

"It is an international board with a strong focus on Fintech and technological innovation, the one that is preparing to take over the reins of UniCredit starting next April 15", commented Il Sole 24 ore today, which added: "I names chosen by the board under the careful direction of the designated president, Pier Carlo Padoan, go in the direction already announced to the market. Which provided, albeit in continuity, a renewal of the current governing body. Result: there was an unexpected exit of weight (Micossi) while some precious grafts were recorded in terms of technological skills and knowledge of the financial services market, in the context of a (necessary) rebalancing in terms of gender shares ".

THE NOISY OUTPUT ALTHOUGH DUMBLEDORE OF MYCOSSI, CRITICAL WITH MUSTIER AND LITIGARELLO WITH PADOAN

In fact, the unexpected exit of the economist Stefano Micossi, general manager of Assonime , close to Carlo De Benedetti and Luigi Abete, who was part of the strategic nomination committee of Unicredit (he was one of the most critical in the outgoing board of directors of the former number one Jean-Pierre Mustier) and who often would have had dissonances with the former Minister of Economy, Padoan, who came as a surprise to the presidency of Unicredit.

THE OTHER ABSENCES (EXPECTED) IN THE LIST FOR THE BOARD OF UNICREDIT

While the absences of the current president Cesare Bisoni (who has reached the limit of mandates), Diego De Giorgi (who is working on the SPAC project in tandem with the former CEO Jean Pierre Mustier) have not aroused any surprises as a preventive measure, Sergio Balbinot (Allianz) and, quite surprisingly

WHO IS GANDHIA ON THE BOARD OF UNICREDIT

There are four new entries. In fact, there is the British Jayne-Anne Gadhia, a Fintech expert, former CEO of Virgin Money Uk and founder of the startup Snoop. Here is what you can read on the Ganghia Consultants website : “Jayne-Anne has more than 30 years of experience in the financial and banking sector and is the founder of Gadhia Consultants. She was one of the original directors of Virgin Direct, which launched the Virgin One Account in 1998. Following RBS's acquisition of Virgin One Account, she went on to lead a number of RBS business units, eventually joining part of the Executive Board of RBS Retail, where he was responsible for RBS's mortgage business. He is a chartered accountant. Jayne-Anne strongly believes in the importance of businesses making a positive contribution to society. He won the Leader of The Year award at the Lloyds Bank National Business Awards in 2018 in recognition of his personal impact on Virgin Money's culture and success as a positive force in the banking sector. In November 2020 Jayne-Anne was appointed as the new chair of the HMRC board of directors. She is also president of the fintech company Snoop and was previously the CEO (UK and Ireland) of Salesforce ”. Sun added: "She is a staunch supporter of The Prince's Charities, is a Tate trustee, chairs the Prince's Foundation and previously held the position of president of Scottish affairs in the community."

WINDTRE'S AMERICAN HEDBERG

Then there is the American Jeffrey Hedberg, CEO of WindTre. Here is his bio from the WindTre website : “Jeffrey Hedberg is a highly experienced communications manager, where he has held top management roles for over 30 years. Jeffrey began his career at Swisscom, where he worked for more than 4 years (1994-98) until he became vice president and member of the executive board of Swisscom International. He later moved to Deutsche Telekom in Germany where he was executive vice president and member of the executive council (1999-2002). He was subsequently appointed president of Deutsche Telekom USA (2002-2004) where he managed a $ 2 billion budget and carried out public policy initiatives with entities such as the FCC, DOJ, SEC and the German embassy, ​​particularly on the occasion of the acquisition of T-Mobile in the USA. Most recently Jeffrey was president and CEO of Mobilink in Pakistan (2014-2017), where he profoundly transformed the business and managed the merger and integration project with Warid in 2015. Previously he was CEO of Telkom South Africa (2010-2011), where he developed a radical network transformation strategy and led the sale of the Multi link CDMA business in Nigeria. Jeffrey has also held prestigious positions outside the telecommunications sector: he was senior advisor to the Boston Consulting group (2013-14), independent advisor in the field of private equity in Africa. He was named in 2001 by Fortune magazine as one of the top 25 global executives under 40. Jeffrey holds a Masters in International Management from the University of Denver and a BS in Business Administration from Northeastern University. Jeffrey was born in Pennsylvania, United States, in 1961. He is married and has two children ”.

WHO IS WAGNER OF ALLIANZ

On the list there is also the Romanian Renate Wagner, top manager of Allianz. Here are some info about her taken from the website of the German insurance group: “ It's dynamic. Expressive, engaging. Never without depth. His mental processes are organized in perfect order. He studied theoretical mathematics, a subject that apparently contrasts with his outgoing and vibrant personality if you follow stereotypes. With Renate Wagner, Allianz SE board meetings are likely to get more animated. She joins the board of directors of Allianz SE on January 1, 2020, succeeding Helga Jung, head of human resources, legal, compliance, mergers and acquisitions ”.

MILLARS OF THE EMIRATINA MUBADALA

Luca Molinari, Head of Financial Services at Mubadala (the United Arab Emirates fund). Here is Molinari's info that can be found from his profile on Linkedin:

---

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/ecco-novita-e-sorprese-della-lista-per-il-cda-di-unicredit-tutti-i-curricula/ on Thu, 04 Mar 2021 15:33:22 +0000.