Law professor earns major banking, corporate finance appointments

June 01, 2010

UniCredit, a major multinational financial institution, has named Penn State Law professor Marco Ventoruzzo to its board of supervisors. Ranking among the top 10 European banks in terms of total assets, UniCredit posted net earnings of 1.7 billion Euros in 2009 and has more than 165,000 employees in 22 European countries.

“This is sure to be a fascinating professional experience,” he said. “Under Italian law, the board of supervisors, composed of five members, controls the board of directors and monitors the lawfulness of the board's actions."

A scholar of business law, Ventoruzzo's expertise was also sought by the Italian Democratic Party, which appointed him to its board of supervisors last week. The board is composed five professionals and academics and works with an external auditor to oversee the financial management of the party.

“Both board memberships offer privileged perspectives and insights on financial markets and corporate law, on the one hand, and on political life, on the other. These perspectives and insights will enrich my scholarship and teaching,” he said.

Ventoruzzo holds a joint appointment with Bocconi University in Milan, Italy, where he is director of the doctorate in Corporate and Business Law program and vice-director of the Paolo Baffi Research Center on Central Banking and Financial Regulation.

Ventoruzzo has published more than 30 articles, book chapters, and books in Italian, English and French, in major U.S. and European law reviews. Since 2001, he has been a special legal consultant for the Italian Stock Exchange (London Stock Exchange Group) and has been a member of the board of directors of several additional financial institutions in Europe.

  • Professor Marco Ventoruzzo.

    IMAGE: Penn State

(Media Contacts)

Last Updated July 22, 2015