MILANO – Unicredit led by the banker is taking shape more and more Andrea Orcel. The institute in Piazza Gae Aulenti has announced a reorganization of the structure reporting to the members of the Executive Committee, with the creation of an autonomous geography dedicated to Italy “confirming – reads the note referring to the organizational simplifications – of the crucial importance of the country where the roots, the essence and the spirit from which the Unicredit group was born “.
While the market is wondering about the possible stop to the aggregation plans (Mps and Banco Bpm have been the institutions several times compared to Unicredit), the CEO explains that he wants to concentrate “on internal resources” of the bank because “that is where he resides. our true value, and this is why we must commit ourselves to unleashing our potential “, as emerges from the letter to colleagues sent on the occasion of the reorganization and simplification of the group structure. “As I said from the start, external opportunities are only an accelerator, but it is by focusing on our business, simplifying it, optimizing and redefining our facilities that we can truly put our customers at the center of what we do,” Orcel added. , according to which the goal is “to create a business that can compete with the best players in the world” and that “over time, can become the best of all”.
To pursue the goal of improving efficiency, Unicredit has redesigned the first line of each business and geographical area “to reduce overlapping and complexity, while maintaining well-defined control and supervision functions”. Focus on diversity and inclusion, moreover, reflecting the presence of 6 women out of 15 members of the Group executive committee. “This confirms UniCredit’s commitment to promoting not only a culture based on diversity, equity and inclusion, but also an environment in which multiculturalism is maximized and meritocracy valued”. Orcel spoke of “a further step towards achieving our goal of simplifying and reducing the complexity that has characterized our business for too long. It is the beginning of a process of greater empowerment, which will allow us to unlock all the value. inherent in our Group, in order to better serve our customers and our communities. Part of this simplification process includes the creation of UniCredit Italia, which becomes an autonomous geography with full powers, alongside Germany, Central Europe and Eastern Europe. A choice that underlines not only the importance of our heritage and our roots, but also the strength of a perfectly integrated pan-European business model, which has no equal “.
Unicredit Italia thus includes all the activities of the Peninsula, in an autonomous geography “equipped with all the necessary levers to best support and satisfy the specificities of the territories and the various local needs”. Driving goes Antonio Ubertalli, appointed Head of Italy. The following business areas are positioned within the geography: Individuals, led by Barbara Tamburini, which caters to Mass Market, Affluent and Private customers; Enterprises, led by Andrea Casini, who manages small, medium and large companies; Corporate and Investment Banking Italy (CIB Italia), led by Alfredo De Falco. Two complementary networks for the distribution of services and products take care of serving customers: the Physical Distribution Network guarantees proximity and relationship services throughout the territory and is organized in 7 Regions: North West, Lombardy, North East, Center-North Italy , Central Italy, Southern Italy and Sicily; the structure dedicated to Alternative Distribution Channels deals with remote channels, UniCredit Direct, buddybank and ATM “.
All German activities are entrusted to Michael Diederich as Head of Germany and by the management board of HVB. Finally, as regards the other geographies, Central Europe (Austria, Czech Republic, Slovakia, Hungary and Slovenia) is under the leadership
of Gianfranco Bisagni and Eastern Europe (Bosnia and Herzegovina, Bulgaria, Croatia, Romania and Serbia) is entrusted to Teodora Petkova.
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