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UniCredit's German board member Chromik resigns, citing new professional ventures

Published by Global Banking & Finance Review

Posted on December 11, 2024

1 min read

· Last updated: January 27, 2026

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UniCredit board member Marcus Chromik resigns for new ventures - Global Banking & Finance Review
Image depicting Marcus Chromik, the resigning board member of UniCredit, highlighting his transition towards new professional ventures in the finance sector.
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UniCredit Board Member Marcus Chromik Resigns

MILAN (Reuters) - Marcus Johannes Chromik, an independent member of UniCredit's board and member of its Risk Committee, has resigned from the board with immediate effect, Italy's second-largest lender said on Wednesday.

Chromik has declared that his decision was due to new professional ventures, UniCredit said in a statement.

Before joining UniCredit, the German-born executive held several roles at COMMERZBANK-UNICREDIT-ORCEL-REACTION-60728f94-b15f-455a-9f8a-b0bea5407daf>Commerzbank, including member of the management board, chief risk officer and responsible for risk management and compliance.

UniCredit in September snapped up a stake in Germany's COMMERZBANK-UNICREDIT-ORCEL-REACTION-60728f94-b15f-455a-9f8a-b0bea5407daf>Commerzbank and Italy's No. 2 bank has been pressing for a tie-up since, in a move that has triggered opposition among Germany's establishment.

(Reporting by Gianluca Semeraro; editing by Alvise Armellini)

Key Takeaways

  • Marcus Chromik resigns from UniCredit's board.
  • Chromik cites new professional ventures as reason.
  • Chromik previously held roles at Commerzbank.
  • UniCredit has been pursuing a tie-up with Commerzbank.
  • The move has faced opposition in Germany.

Frequently Asked Questions

What is the main topic?
The resignation of Marcus Chromik from UniCredit's board and its implications.
Who is Marcus Chromik?
Marcus Chromik is a former board member of UniCredit and held roles at Commerzbank.
Why did Chromik resign?
He resigned to pursue new professional ventures.

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