By  on June 15, 2010

VIENNA — Fabio Franchina has been elected The European Cosmetic Toiletry and Perfumery Association’s new president for a two-year term.

The association voted unanimously on Friday at its annual general meeting in favor of Franchina — the first Italian entrepreneur of a cosmetics company to be named president in Colipa’s history since it was established in 1962. He replaces former Colipa president Françoise Montenay.

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