Investment Banking

UniCredit names new leaders in Germany in latest shake-up

Bank looks to bolster model serving clients both at local and pan-European level

Andrea Orcel has wasted little time shaking up the senior ranks of UniCredit since taking the top job in April
Andrea Orcel has wasted little time shaking up the senior ranks of UniCredit since taking the top job in April Photo: Getty Images

UniCredit revamped the senior leadership of its investment bank in Germany, the latest changes at the top of the unit that is growing under new chief executive Andrea Orcel.

The Italian lender promoted Jan Kupfer to lead a new division advising companies in Germany, which combines its corporate and investment bank and a unit serving entrepreneurs in the country. The team of coverage bankers from the two units will now sit in one team.

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