share this article!

MILAN, Feb 10 (Reuters) – Jayne-Anne Gadhia, founder of money managing application Snoop and former Virgin Money chief executive, has stepped down from the board of UniCredit (CRDI.MI) with immediate effect, the Italian bank said on Friday.

Gadhia last month took on the chairmanship of digital wealth manager Moneyfarm, replacing co-founder Paolo Galvani to work alongside CEO and co-founder Giovanni Dapr?.

Gadhia was at the helm of Virgin Money, the digital bank of Britain’s Virgin group, for more than a decade until its listing in 2018.

UniCredit said Gadhia had decided to step down “due to a new commitment” and would remain as an adviser to the bank.

UniCredit’s current board comes up for renewal in spring 2024.

Reporting by Valentina Za; Editing by Kirsten Donovan

Our Standards: The Thomson Reuters Trust Principles.

Read More

share this article!