Il Guercino’s The Prayer in the Garden, one of UniCredit’s art works in its Bologna headquarters. Photo: Alessandro Rugeri
UniCredit has been keeping a relatively low profile in the art world recently, despite having one of biggest bank art collections in the world.
Scattered around the bank’s premises in Italy, Germany and Austria are Old Masters and paintings by big-name European modernists such as Gustav Klimt, Giorgio de Chirico and Fernand Léger. UniCredit is especially known for its collection of work by Germany’s Gerhard Richter, one of the superstars of the contemporary art world.
But for UniCredit chief executive Jean Pierre Mustier – who has publicly swapped the CEO’s private jet for a red-daubed Fiat 500 – the bank brings no special expertise to owning and managing such an important collection.
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