The board of directors of UniCredit today announced the appointment of Wouter Devriendt as Head of Finance & Control. Mr Devriendt is currently Chief Executive Officer of Dexia (Brussels) and of Dexia Crédit Local (Paris), which he joined in 2016. He will be taking up his role at UniCredit in early 2020 and will be reporting directly to the Group CEO, Jean Pierre Mustier.
The new Finance & Control function was created earlier in 2019 as part of a wider organisational review and has temporarily been headed by the Group CEO. It is an extended function which, in addition to the usual Finance & Planning, Accounting and IR activities, also incorporates Group Identity and Communication, Regulatory and Institutional Affairs, Strategy and M&A and Chief Lending Officer department. It also functionally coordinates the activities of the Group Risk Management department, Legal and Compliance, which continue to report to the CEO. This innovative set up allows for closer alignment of the competence lines and provides more scope for cooperation.
Jean Pierre Mustier, UniCredit Group CEO, said: "I am delighted Wouter has decided to join the Group at such an interesting time. He has in-depth knowledge and understanding of complex financial organisations and wide ranging and international management experience. Wouter's experience as Chief Executive Officer of Dexia (Brussels) and of Dexia Crédit Local (Paris), entities which he has successfully repositioned since 2016, makes him the ideal candidate for the recently created role as Head of Finance & Control. We warmly welcome Wouter to the Group, he and his team will play a fundamental role in the implementation of our new 2020-23 strategic plan which we will present on 3 December."
Wouter Devriendt holds an MBA from the Rotterdam School of Management (1992) as well as a Master's degree in applied economics from the Catholic University of Louvain (KU Leuven) in Belgium (1989). He has broad experience in the financial sector from business development to organisational transformation coupled with a truly global professional track record, effective stakeholder management and an extensive network across regulatory, banking and advisory communities.
Between 1993 and 2011, he gained extensive international experience with ABN AMRO (Amsterdam, London, Prague, Houston, Ecuador and Sydney) and Fortis (Brussels and Amsterdam). From 2011 to 2016, he primarily acted as an independent adviser to the Belgian Federal Holding and Investment Company, where he was responsible for the management of the Belgian State's investments in the financial sector. From 2012 to 2016, Wouter was a member of the Board of Directors of Belfius and from 2013 to 2016, he was also Chairman of the Board of Directors of Amsterdam Trade Bank. From 2014 to 2016, he was a member of the General Council of the Hellenic Financial Stability Fund which aims to contribute to the stability of the Greek banking system. Since May 2016, he has been Chief Executive Officer of Dexia (Brussels) and of Dexia Crédit Local (Paris).
Milan, October 8, 2019
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