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Intesa Sanpaolo names Cucchiani CEO

Allianz board member Enrico Tomaso Cucchiani named as new head of Italian bank

Italian lender Intesa Sanpaolo on Thursday named Enrico Tomaso Cucchiani as chief executive after Corrado Passera agreed to become Italy's minister for industry, infrastructure and transportation last week.

Cucchiani's arrival at the helm of the Italian lender could also help boosting at an international level Intesa Sanpaolo operations, the chairman of the supervisory board Giovanni Bazoli said on Thursday after the boards.

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