A revamp of UniCredit’s corporate and investment banking executive structure in August saw Francesca Nenci take sole responsibility for the Italian bank’s trade finance business.
Having joined the firm as a political analyst in 2004, she is now the sole head of this business segment, having previously shared the role with Raphael Barisaac. Barisaac will now focus on his position as global head of cash management.
UniCredit enjoyed mixed fortunes in Euromoney’s latest trade finance survey, where it was ranked number one for CEE, but surrendered third place in the overall rankings to Citi.
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