The news was already official but today the Board of Directors of Ubi Banca formalized it, proceeding with the co-optation of Gaetano Micciché as Director and to his appointment as Chief Executive Officer and General Manager, with the same powers and responsibilities as the outgoing Victor Massiah. Micciché is currently also president of Banca IMI, the investment bank of the Intesa Sanpaolo group: a position he will keep.
As regards the appointment of the new board of directors, the parent company Intesa Sanpaolo has invited the current members of the UBI board of directors to remain in office until the next shareholders' meetingscheduled for October 16th. On that occasion, again under the presidency of Letizia Moratti, the appointment of the new directors and also the determination of their remuneration will take place.
“It is a source of pride for me – commented Micciché – to have been co-opted to the Board of Directors of UBI today, at the end of a process which saw the Bank to join of the Intesa Sanpaolo Group. For this reason, I thank the members of the Board, but the my thanks go first of all to Carlo Messina for having placed faith in me and in my abilities; and I intend to address the same thought to the many colleagues who have shown their support”.
“The months that await us – continued the Sicilian manager -, in fact, will be fundamental for mutually sharing experiences and operating methods with the aim of completing the integration between the two institutes. We should facilitate dialogue, comparison and sharing between all the structures of Intesa Sanpaolo and those of UBI Banca, always having as first thought all our people, our customers and our shareholders. In recent months we have met entrepreneurs, local authorities and institutions present in the areas where UBI Banca operates and this will be repeated often, from now on, to bring benefits and promote opportunities to be seized by all the stakeholders involved".
“UBI is a solid, recognized and sustainable bank – concluded Micciché -, also thanks to the work done by the previous Chief Executive Officer, by the management and by all the people of UBI. I intend to assure all UBI Banca employees from the outset of the commitment of all Intesa Sanpaolo management, in order to strengthen the already common identity between the two institutions, which are also strong in similar corporate values and cultures. The new regional offices in Bergamo, Brescia, Cuneo and Bari, the hiring of 2500 young people, the center of excellence for supporting the agricultural sector in Pavia are just some of the initiatives already planned to support the territories in which UBI operates. Together we will build a Group even closer and in support of the territories, together we will be even more the "territorial bank", of Italian households and businesses”.
But the news relating to Intesa Sanpaolo does not stop at the Ubi Banca operation. As part of the extraordinary measures already implemented in recent months a
support for the Italian economy, businesses and households, also thanks to the measures launched by the Government, Intesa Sanpaolo closed an agreement with ANCE, the builders' association, for new financing solutions, aimed above all at maximizing the effectiveness of the government incentives envisaged by the so-called Superbonus 110%. For more details, click here.
