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Bank of Italy’s Tarantola Confirmed as New Chairman of RAI

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July 5 (Bloomberg) -- Anna Maria Tarantola, deputy director general of the Bank of Italy, was confirmed as the chairman of state-owned television network Rai SpA to lead a new board of directors.

Rai’s shareholders voted to accept Tarantola, the broadcaster said in an e-mail on its website. Prime Minister Mario Monti first nominated Tarantola for the position on June 8.

With Tarantola’s confirmation, the board will soon be able to appoint a new director general. Monti had proposed Bank of America Corp.’s head of corporate and investment banking for Italy, Luigi Gubitosi, for the position.

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To contact the reporter on this story: Lorenzo Totaro in Rome at ltotaro@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net

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