Piergiorgio Peluso, former Head of Corporate & Investment Banking Network Italy, will join Fonsai, as General Manager, with immediate effect.
Federico Ghizzoni, CEO of UniCredit Group, commented: "I would like to thank Piergiorgio for his contribution to the UniCredit Group and I wish him well in his new position".
Piergiorigo Peluso mentioned: "I am grateful for the opportunities UniCredit gave me during the last few years. Going to Fonsai will give me a new management challenge and I am convinced that the Italian Corporate Team in UniCredit will continue to be successful"
UniCredit recently appointed Vittorio Ogliengo to head up the Investment Banking activities in Italy, as well as being co-Head of the global Financing & Advisory Product Line. Alessandro Cataldo was appointed Manager for the Italian Corporate Network.
"The new managerial structure of the Italian CIB Division has been set up to better reflect and respond to the requirements of the Country's industrial base and to further improve the quality of service provided to our Italian customers," said Jean Pierre Mustier, Head of Corporate & Investment Banking Division.
The Italian Corporate Division is supervised by Gabriele Piccini, UniCredit's Country Chairman for Italy.
Milan, June 6, 2011