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UniCredit s Orcel Certain of Hitting Targets Amid Global Turmoil

UniCredit s Orcel Certain of Hitting Targets Amid Global Turmoil
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UniCredit Reshuffles Management in First Move Under CEO Orcel

May 12 2021, 3:45 PM May 12 2021, 12:37 PM May 12 2021, 3:45 PM (Bloomberg) UniCredit SpA Chief Executive Officer Andrea Orcel drastically reduced the ranks of top management and cut back on co-head structures to simplify decision-making as part of his first major changes since taking over. (Bloomberg) UniCredit SpA Chief Executive Officer Andrea Orcel drastically reduced the ranks of top management and cut back on co-head structures to simplify decision-making as part of his first major changes since taking over. In a bid to increase accountability, Orcel set up a new group executive committee of 15 members to replace the previous 27-member body, the Milan-based lender said in a statement on Tuesday.

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