UniCredit’s Ghizzoni to Review Central, Eastern Europe Strategy
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Federico Ghizzoni, appointed chief executive officer of UniCredit SpA yesterday, will review the bank’s strategy in central and eastern Europe, boosting investments in Russia, Turkey, Poland and the Czech Republic.
“In terms of significant investments we will concentrate on a few countries, the largest ones,” Ghizzoni said during a press conference in Milan today. “Russia, Poland, Turkey are our three major markets.” UniCredit, Italy’s biggest bank, also plans to open new branches in the Czech Republic.