She will focus on strategy definition and the dedicated execution of the Group's environmental, social and governance initiatives and commitments. In addition, Roberta Marracino will oversee the Group's Social Impact Bank and coordinate the UniCredit Foundation's activities. She will report to Wouter Devriendt, Head of Finance & Controls.

Maurizio Beretta, who successfully developed UniCredit's ESG and the Social Impact Banking initiatives in recent years, will continue as President of the UniCredit Foundation and Head of Group Institutional Affairs and will remain a member of the UniCredit Executive Management Committee .

Roberta has wide-ranging experience of strategic advisory, business risk evaluation, innovation and corporate reputation. She joins UniCredit from Zurich Insurance plc., where she headed Business Innovation & Market Management (Italy). Before that, she was Executive Director of Research, Communication, Corporate Social Value and Export Competence Training at SACE and Director of Research and Communication for the Mediterranean Area at McKinsey & Company.

Wouter Devriendt said: "We are delighted to welcome Roberta to UniCredit. Roberta brings valuable experience to the Group and the EMC. She has been given a strong mandate to lead and develop our ESG activities across UniCredit's unique pan-European network. Our initiatives are driven by what is important to our Group: ethics and respect. Going forward, the team under the leadership of Roberta will have a key role developing and driving our ESG commitments and further accelerate Group wide implementation."