Telecom Italia picks ex-UniCredit executive as new CFO

MILAN: Telecom Italia (TIM) said on Monday former UniCredit executive Giovanni Ronca will become its new chief financial officer from June 17.

Ronca will replace Piergiorgio Peluso, who will move to a new role focusing on the group’s strategic projects and special operations.

These include the possible creation of a single broadband network with rival Open Fiber and the merger of Vodafone’s tower infrastructure with that of INWIT, the masts group 60-percent owned by