OREANDA-NEWS. UniCredit has announced some management changes.

Mr. Gianni Franco Papa, the Head of the CEE Division, will step into the new position of Head of CIB Division as of January 1st, 2015. He will replace Mr. Jean Pierre Mustier who has decided to step down from this position. Mr. Mustier will remain involved in the Group, as early next year he will join the UniCredit international advisory board as a non-executive director.

Gianni Franco Papa - age 58 - joined UniCredit in 1979, first in the Italian network and subsequently in the international network, with increasing roles of responsibility. In these positions he gained an in-depth experience of Corporate and Investment Banking Business. In 2005 he was appointed General Manager of UniBanka, Slovakia, and in 2008 of PJSC "Ukrsotsbank", Ukraine. Then in 2010 he became Head of the CEE Division.