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Olivier Khayat to take on role of Head of UniCredit Global Transaction Banking

UniCredit Corporate and Investment Banking today announced that Olivier Khayat Deputy Head of Corporate and Investment Banking will, in addition to his current responsibilities, take on the role as interim Head of Global Transaction Banking when Marco Bolgiani steps down at the end of November. The Global Transaction Banking extensive product range will be further developed in close alignment with the Group's twenty-two domestic coverage networks to best continue to meet their client's needs.


Jean Pierre Mustier, Head of UniCredit Corporate and Investment Banking, commented: "I would like to thank Marco Bolgiani for his contribution to the development of the transaction banking activities of UniCredit. Thanks to the overall team, UniCredit's Global Transaction Banking has become one of Europe's leading players and we will continue to develop and build on their unmatched expertise and professionalism. A team thanks to which UniCredit is recognized, by our clients and by various industry awards, as the best transaction banking house in Europe both for its wide-ranging product offering and its geographical reach."


Olivier Khayat, Deputy Head of Corporate and Investment Banking , said: "Global Transaction Banking is a strategic activity for UniCredit. It underpins the strength and quality of our client offering, and supports the development of our Group, and is particularly well matched to the new regulatory environment. I will work with all our teams to further broaden our product range and ensure an even closer proximity to our clients."


Global Transaction Banking is one the key pillars of UniCredit Core Client Offer. The strength of UniCredit's GTB services to clients is witnessed by the many awards received over time, which consistently position UniCredit as best player or Top 3 ranking in all our geographies, with an undisputed leadership in Central and Eastern Europe.




 Milan, October 16, 2012