75-year-old nun bags top Italian banking job

A 75-year-old Italian nun snared a key job in Italian finance when she was named vice-president of a foundation that is the biggest shareholder in one of Italy's largest banks. Sr Giuliana Galli was voted "by a large majority" into the position at...

A 75-year-old Italian nun snared a key job in Italian finance when she was named vice-president of a foundation that is the biggest shareholder in one of Italy's largest banks.

Sr Giuliana Galli was voted "by a large majority" into the position at Turin-based Compagnia di San Paolo, according to a statement from the foundation, which has a 10 per cent stake in banking group Intesa Sanpaolo.

As vice president, she will bear considerable influence along with other shareholder foundations on steering the bank's strategy. Sr Galli, who has a degree in sociology and a Masters in behavioural sciences from the university of Miami, took her vows at the age of 23 and in 2001 set up a charity offering psychological assistance to migrants.

Sign up to our free newsletters

Get the best updates straight to your inbox:

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.