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ANDREA ORCEL EMERGES AS FRONT-RUNNER FOR UNICREDIT TOP JOB


THE ITALIAN BANKER HAS KEPT A RELATIVELY LOW PROFILE SINCE A REMARKABLE U-TURN
BY SANTANDER IN JANUARY 2019 WHEN IT WITHDREW ITS OFFER FOR THE CEO JOB OVER PAY
CONCERNS

ANDREA ORCEL IS ONE OF UNICREDIT'S FAVOURED CANDIDATES FOR THE CEO ROLE. THE
BANK HAS ALSO HELD TALKS WITH OTHER PROMINENT BANKING LEADERS CURRENTLY ON THE
MARKET INCLUDING FORMER CREDIT SUISSE BOSS TIDJANE THIAM, WHO LEFT THE BANK IN
FEBRUARY LAST YEAR

Getty Images
By
Paul Clarke
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Wednesday January 13, 2021 9:24 am

Andrea Orcel, one of the City's most high-profile dealmakers, has emerged as a
front-runner as the new chief executive of UniCredit, despite still being
embroiled in a lawsuit with Santander after it withdrew its offer to the Italian
banker for its top job.

Orcel is reportedly in talks with the Italian bank as it looks for a successor
to Jean Pierre Mustier as CEO after he unexpectedly stepped down in November
over strategic differences with Unicredit's board.

The Italian...

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MOST READ


HOW US BUYERS CAN COUNTER THE BREXIT EFFECT ON M&A


EY SPLIT OFFERS CHANCE TO POACH STAFF AND CLIENTS, BDO UK BOSS SAYS


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BLACKROCK, SCHRODERS HIT PROPERTY INVESTORS WITH RESTRICTIONS TO STEM PENSION
CLIENT EXODUS





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