Fabrizio Saccomanni, chairman of Italy's biggest bank UniCredit and a forme...
FILE PHOTO: Italy's Minister of Economy and Finance Fabrizio Saccomanni gestures during a session at the annual meeting of the World Economic Forum in Davos January 23, 2014. REUTERS/Ruben Sprich/File Photo
UniCredit announced the death of Saccomanni on Thursday, only a day after the former deputy governor of the Bank of Italy attended the bank’s results presentation in Milan. Saccomanni was appointed chairman of UniCredit’s board, a non-executive role, in April last year as part of measures taken to improve corporate governance. The bank has been run by Mustier, a Frenchman, since July 2016.
Born in Rome in 1942, Saccomanni earned a degree in economics from Milan’s Bocconi university before moving on to postgraduate studies at Princeton in the United States. He held a series of senior roles representing Italy at the International Monetary Fund, the European Central Bank and other European institutions.
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