By Pietro Lombardi 
 

UniCredit SpA (UCG.MI) has appointed Marco Bizzozero as head of group wealth management, it said Monday.

The appointment of Mr. Bizzozero, who will report to General Manager Gianni Franco Papa, is effective March 1. Mr. Bizzozero has 25 years of experience in finance and has held senior positions at global organizations including Deutsche Bank AG (DBK.XE), Unicredit said.

Unicredit's wealth management operations aim at increasing the Italian lender's private banking and wealth management business in Europe, with particular focus on Italy, Germany and Austria, Unicredit said.

The appointment "proves our commitment and ambition to further develop the wealth management and private banking business of the group," Mr. Papa said.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

February 12, 2018 06:27 ET (11:27 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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