UniCredit Group organization reflects an organizational and business model which maintains a divisional structure for the government of the Corporate Investment Banking business/products and the business in the CEE Countries, as well as a global control over the Global Banking Services functions, while ensuring the autonomy of the Countries/ Banks on specific activities, in order to guarantee increased proximity to the client and faster decision processes:
- The Chief Executive Officer (CEO) maintains direct control over the definition of the Group Strategy, Risks, Compliance, Human Resources, the optimization of the cost structure and the main operating activities.
• The Chief Operating Office, a position covered by two co-Heads (co-Chief Operating Officers) who oversee the operating machine with a specific focus on costs and IT & Operations activities; in particular, the two co-Heads are respectively responsible for the Finance & Cost Management activities and the IT & Operations, Security and Internal Controls activities.
• The Corporate & Investment Banking Division (CIB), a position covered by two Co-Managers who report directly to the General Manager, has a role of relationship with multinational clients ("Multinational"), with selected "Large Corporate" customers characterized by a strong potential demand for investment banking products, with customers "Financial Institution" (FIG) and has responsibility for global product lines "Global Transaction Banking (GTB)", "Financing & Advisory"
(F&A) ," Markets ", and of the international network.
• With regard to the Italian perimeter, the co-Heads Italy, reporting directly to the General Manager, are responsible for defining the business strategies of "commercial banking" and assigning these strategies to the territories and customer segments (Family , First, Business First, Corporate and Private Banking).
• The CEE Division coordinates the activities carried out in the Central and Eastern Europe countries in which the Group operates, pursuing a unified vision of business in the area.
• Group Institutional Affairs and Sustainability is responsible for developing relations with institutional counterparties of interest to the Group;
• Group Regulatory Affairs is responsible for managing relations with the banking supervisory authorities at European level (eg EBA, ECB) and with the Bank of Italy;
• Finally, the various functions defined as Competence Lines (Planning, Finance & Administration, Risk Management, Lending, Legal, Compliance, Internal Audit, Human Capital, Identity & Communication) ensure the direction, coordination and control of the Group's activities. and related risks.
• Group Chief Transformation Officer manages the transformation and ensures significant and lasting change in order to achieve greater and measurable customer satisfaction and service quality while improving cost efficiency.
Updated as of 31.12.2018.
(1) Position covered by two co-Heads
(3) Set up according to the Legislative Decree N.231 date June 8, 2001