Bank of Italy shuffles management

Mario Draghi, the governor of the Bank of Italy, has begun reshuffling his management team ahead of a meeting with unions this week, La Stampa reported Friday 3 February.

According to the daily, Anna Maria Tarantola will become the first woman to head the bank's supervisory division, and there are also promotions for Salvatore Rossi and Mario Contessa, who are both made general managers.

The promotion of IT chief Contessa shows that Mr Draghi is keen to focus on an area in which the central ban

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