Carlo Messina, CEO of Intesa Sanpaolo Financial institution, seems on throughout a shareholders assembly in Turin, Italy April 27, 2017. REUTERS/Giorgio Perottino
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MILAN, April 29 (Reuters) – Intesa Sanpaolo (ISP.MI) Chief Government Carlo Messina mentioned he remained dedicated to hitting targets set below the Italian financial institution’s marketing strategy via 2025 after being appointed for an additional time period.
Shareholders named a brand new board at Italy’s greatest financial institution on Friday.
“The sturdy shareholder assist and the board’s choice to substantiate my function as chief govt for an additional three years fills me with gratitude and delight,” Messina mentioned in a press release.
“I reiterate my utmost dedication to main and serving Intesa Sanpaolo by hitting all of the targets below the 2022-2025 marketing strategy unveiled in February.”
Intesa, which has a 5.1 billion euro mortgage publicity to Russian and Ukrainian purchasers web of ensures, experiences first-quarter earnings subsequent week. learn extra
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Reporting by Valentina Za, enhancing by Maria Pia Quaglia
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