OREANDA-NEWS. On 04 August 2008 was announced, that UniCredit is currently developing a Global Operation Services Company for the whole Group, which is scheduled to start in the 1st quarter of 2009. Today, the top executive management was designated:

Lissimahos Hatzidimoulas as Chief Executive Officer (presently head of HypoVereinsbank Back Office),

Giandomenico Miceli (presently Chief Executive Officer of Unicredit Processes and Administration) as Vice General Manager for Global Operations & Development, and

Gerhard Krisch (presently General Manager of Administrations Services for Bank Austria), as Vice General Manager for Global Production.

The new company will cover all services currently provided by the regional Operations Companies or units owned by UniCredit, HypoVereinsbank and Bank Austria, and will initially involve approximately 7,000 employees in Italy, Germany, Austria, Romania, Poland and the Czech Republic. The new company will provide Group-wide banking processing services based on a unified strategy and operating model, thus supporting and enabling all Unicredit Group business divisions.