UniCredit Luxembourg S.A. provides various banking services in Luxembourg. The company offers retail banking, corporate and investment banking, treasury, private banking, and financial and advisory services. It is also involved in the management of wealth for high net worth and ultra high net worth segments, as well as the asset management of life insurance policies. In addition, the company offers FiduNet, an online service for banks to trade fiduciary money in term deposits and call money; and CorpNet, an online service to corporate clients to trade term deposits and call money. It serves small and medium sized enterprises, large and multinational corporate clients, equity funds, and real ...
8-10, rue Jean Monnet
Founded in 1971
UniCredit Luxembourg S.A. Announces Management Changes
Sep 4 12
UniCredit Luxembourg S.A. announced that in order to have a clear segregation between the day-to-day management and the control/supervision of the bank, the company introduced a Two Tier Board Model, with a new Corporate Governance organized via a Management Board and a Supervisory Board. The new Management Board will be composed by Mr. Angelo Brizi and Dr. Kathrin Kerls as Co-CEO’s, Dr. Joachim Beckert as General Manager and Chief Operating Officer, and Mr. Giovanni Giallombardo as General Manager. Dr. Kerls joined the company effective September 1, 2012. She is a UniCredit Group Senior Vice President and was until now Head of Sales Management Family & SME at UniCredit Bank AG Germany. Dr. Kerls is an experienced manager, who developed a diversified professional knowledge serving in senior positions at Dresdner Bank AG and at HVB/UniCredit Bank AG, reporting to Board Members. Mr. Brizi, CEO of the company since October 2008, will take over new responsibilities within the UniCredit Group. He will therefore leave his current position in the coming months, after having ensured proper handover. Dr. Beckert and Mr. Giallombardo will retain the top management positions they held until now in the Bank’s Management Committee. In line with the new organizational set up of UniCredit, the new Supervisory Board of UCL will be composed by UniCredit Bank AG Management Board members, having direct responsibility for the specific businesses conducted by UCL and by one independent member. The following persons were elected to the Supervisory Board: Dr. Theodor Weimer, President (Spokesman Management Board UniCredit Bank AG); Mr. Andrea Varese, Vice President (Member Management Board UniCredit Bank AG, Chief Risk Officer); Mr. Jacques Santer, member; Mr. Lutz Diederichs, member (Member Management Board UniCredit Bank AG, Corporate & Investment Banking); and Mr. Jürgen Danzmayr, member (Member Management Board UniCredit Bank AG, Private Banking).