April 8, 2009 / 6:59 PM / 10 years ago

Libya central bank aims for UniCredit board seat

MILAN, April 8 (Reuters) - Libya’s central bank governor Farhat Omar Bin Guidara has been put forward for a seat on UniCredit’s (CRDI.MI) board by key shareholders, a list on the bank’s website shows.

Libya has bought a 4.6 percent stake in UniCredit, Italy’s second-biggest bank. It came to UniCredit’s rescue earlier this year by helping plug a shortfall in capital raising efforts left when the CariVerona foundation decided not to take up its share.

Now, CariVerona has backed a single list of candidates for the board, suggesting differences are over.

“It’s a good thing for the bank and for everyone,” UniCredit Chairman Dieter Rampl said as he left a meeting in Milan on Wednesday. (Reporting by Jo Winterbottom, editing by Gerald E. McCormick)

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