EXECUTIVE LEADERSHIP CHANGES IN CIB BANK

CIB Bank, part of the Intesa Sanpaolo Group, announces that Pál Simák has been appointed to a new international role within the Group at the Head Office in Milan. After successfully leading CIB Bank for 12 years, Simák will drive the Next-Gen Acquisition Machine, reporting directly to the Chief of Intesa Sanpaolo’s International Banks Division. Luigi Fuzio will succeed Pál Simák as CEO and Chairman of the Management Board of CIB Bank, pending regulatory approvals. 

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