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Home > Finance > UniCredit's German board member Chromik resigns, citing new professional ventures

Finance

UniCredit's German board member Chromik resigns, citing new professional ventures

Published by Global Banking and Finance Review

Posted on December 11, 2024

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MILAN (Reuters) - Marcus Johannes Chromik, an independent member of UniCredit's board and member of its Risk Committee, has resigned from the board with immediate effect, Italy's second-largest lender said on Wednesday.

Chromik has declared that his decision was due to new professional ventures, UniCredit said in a statement.

Before joining UniCredit, the German-born executive held several roles at COMMERZBANK-UNICREDIT-ORCEL-REACTION-60728f94-b15f-455a-9f8a-b0bea5407daf>Commerzbank, including member of the management board, chief risk officer and responsible for risk management and compliance.

UniCredit in September snapped up a stake in Germany's COMMERZBANK-UNICREDIT-ORCEL-REACTION-60728f94-b15f-455a-9f8a-b0bea5407daf>Commerzbank and Italy's No. 2 bank has been pressing for a tie-up since, in a move that has triggered opposition among Germany's establishment.

(Reporting by Gianluca Semeraro; editing by Alvise Armellini)

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