Mustier to leave as UniCredit changes strategy

Mustier, Jean Pierre (UniCredit) in 2009 from PA 30Nov20 575x375
By Jon Hay
30 Nov 2020

Jean Pierre Mustier will retire as CEO of UniCredit in April, the bank announced this evening, as the board no longer agrees with his strategy. The change could mean UniCredit pivots towards Italian priorities and political influence.

Mustier had "informed the board of directors that he will be retiring from his role at the end of his mandate, which expires in April 2021, concurrent with the overall board," the bank said in a statement.

Mustier said in the statement: "Over the last few months, it ...

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