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UniCredit designates investment banker Orcel as new CEO

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first_imgMILAN (AP) — Italian bank UniCredit says Andrea Orcel, one of Europe’s leading investment bankers, will replace outgoing CEO Jean Pierre Mustier, who offered his resignation this fall over strategic differences with the board. Orcel, a 57-year-old Italian, faces a shareholder vote before being confirmed in the role running Italy’s largest bank. Orcel spent 20 years at Merrill Lynch, where he helped manage some of the biggest bank mergers n Europe, including the merger of Credito Italiano and UniCredito to form UniCredit in 1998.  He most recently ran the UBS Investment bank from 2014-2018 and was slated to take over Spanish bank Santander in 2018, but ended up in a dispute over compensation.last_img read more

Yobo: It’s early to raise fears over Iwobi’s abilities

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first_img The 23-year-old joined the Liverpool-based outfit in a deal worth £40 million, having made 148 appearances for his boyhood club Arsenal. Nonetheless, the wideman has failed to find his best form so far at Goodison Park, with three goals in 22 appearances across all competitions to show for his performances. Yobo, however, has no concerns over Iwobi, claiming he simply needs more time to adapt to life at his new club in the wake of his injury worries. “Arsenal is a club he knew too well because he came through the academy and he understands the structure of how they play – a style he knows,” Yobo told Goal.Advertisement “Moving to Everton was a good move for him because he wanted more game time. Unfortunately, it takes a longer time to settle down in a new environment because only a few players move to another club and settle immediately, “In between him adapting, he had a number of good performances for Everton. He was getting familiar with how Everton play and was becoming one of the key figures in the team before his injury. “After his injury, it also took him time to break into the team because Everton also have other good players as well, all that happened before Coronavirus ensured the league was suspended. “I think we should be patient with him because we can’t doubt his talent. He has unbelievable talent and work rate. read also:COVID-19: Everton using Zoom to keep tabs on Iwobi, others “I know he is going to achieve more with Everton, it is just the timing of everything happening to him. He will surely come good.” FacebookTwitterWhatsAppEmail分享 Alex Iwobi will go on to enjoy a fruitful Everton career, Joseph Yobo believes, saying it is too early to raise fears over his abilities. Promoted ContentTop 10 Most Romantic Nations In The WorldCouples Who Celebrated Their Union In A Unique, Unforgettable Way9 Most Epic Movie Robots We’ve Ever SeenHere Are The Top 10 Tiniest Mobile Phones On The Planet!14 Hilarious Comics Made By Women You Need To Follow Right NowBirds Enjoy Living In A Gallery Space Created For ThemPlaying Games For Hours Can Do This To Your BodyWhat Happens To Your Brain When You Play Too Much Video Games?The Best Cars Of All TimeBest & Worst Celebrity Endorsed Games Ever MadeThe Models Of Paintings Whom The Artists Were Madly In Love WithThe Highest Paid Football Players In The World Loading… last_img read more