UniCredit switches chief risk officers
UniCredit's CROs for Italy and Austria switch roles
UniCredit has appointed Massimiliano Fossati as chief risk officer (CRO) for Italy. He will report to group CRO Alessandro Decio. Fossati replaces Juergen Kullnigg, who will become CRO at UniCredit Bank Austria.
Fossati joined UniCredit in 2010 as CRO of UniCredit Bank Austria. Previously, he worked as managing director of credit at the Czech bank Živnostenská Banka, also part of the UniCredit group, in 2004, becoming CRO in 2005. In 2008, he became CRO of Yapi Kredi Bank in Turkey.
Kullnigg
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