Banca Carige SpA's board of directors resolved to co-opt and appoint Paolo Fiorentino as the bank's CEO and general manager. Fiorentino, who served as COO at UniCredit SpA, will be tasked with determining the measures required to strengthen Banca Carige's capital base. The bank also co-opted Francesca Balzani, Stefano Lunardi and Ilaria Queirolo to serve as members of the board, replacing those who resigned in opposition to the rationale and method leading to the board's decision to approve a motion of no confidence in former CEO Guido Bastianini.