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[BUSINESS] · Italy, Germany · 5 sources

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UniCredit Chairman Pier Carlo Padoan to step down

UniCredit has announced that Chairman Pier Carlo Padoan will step down from his position at the end of his current term for personal reasons. The bank is planning an amicable transition and is working to appoint a successor, with an emphasis on maintaining leadership continuity.

Padoan’s term is expected to conclude at the date of the annual general meeting responsible for approving the 2026 financial statements. During his tenure, UniCredit underwent significant operational and strategic transformations, establishing itself as a major European banking group with record profitability and enhanced capital resilience.

Entities

Pier Carlo Padoan · UniCredit

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