UniCredit enters next phase of transformation with leadership restructuring
UniCredit has reshuffled its leadership department in the hope of furthering its digital and banking transformation.
UniCredit appointments hope to drive transformation
The Milan-headquartered commercial bank, which operates within the markets of Italy, Germany, Central and Eastern Europe, released a statement this week outlining the reordering.
It announces Ali Khan as its new group digital and information officer (DIO), who joins UniCredit from PWC where he led its industry cloud business in the position of senior partner.
The bank cites Khan’s expertise in cloud and data as “critical in delivering the next step of the digital and data transformation”, which will promote a focus of making reclaimed technology “fit for the future”.
Khan succeeds Jingle Pang, who the bank commends for accelerating its digital transformation over the past two years. This transition will be effective as of the end of Q3.
In addition to this, Gianfranco Bisagni, who began his career with the Italian UniCredit network in the mid-1980s, is set to return to lead group operations.
His cited understanding of business needs, coupled with his direct experience in operations, will see him partner with Khan through the bank’s attempt to consolidate both its digital and operations departments.
From June to October 2022, Bisagni was appointed group chief operating officer (COO) on an ad interim basis, in addition to serving as the bank’s head of Central Europe.
As he now replaces former group COO, Bart Schlatmann, Teodora Petkova will fulfill the position of group head of Central and Eastern Europe (CEE). Petkova is to be assisted by her deputy Ivan Vlaho, with Vlaho also serving as CEO of Croatia.
Looking at the future
The bank hopes that this restructuring will drive convergence within CEE, and between CEE and the rest of the group, while also adopting a new level of digital integrity.
These appointments come only two months after the bank expanded its payments partnership with Mastercard through a multi-year agreement across Europe.
This activity will prove to be integral to the realisation of UniCredit Unlocked, the bank’s strategic plan for 2022 to 2024.
“With this relevant step, we accelerate the transformation of our operating machine to support and then drive our commercial one,” says group CEO Andrea Orcel. “Today’s appointments signal a shift into the next phase of UniCredit’s development.”
