UniCredit has named Renato Miraglia responsible for the firm's private banking business in Italy.
In his new role, Miraglia will be responsible for leading the bank's network of around 800 private bankers in the country, whose assets under management amounted to €91m as of the end of 2018.
Succeeding Salvatore Pisconti, Miraglia will be reporting toco-CEOs commercial banking Italy, Andrea Casini and Remo Taricani, and to the firm's CEO Group Wealth Management Marco Bizzozero.
The new leader of private banking at UniCredit is currently responsible for the firm's investments products and advisory in Italy, a role he took in 2013 and that he will be combining with that for which he has now been appointed.
He entered UniCredit in 2012 as head of products, fund selection and strategic marketing also at UniCredit's private banking division.
Before joining UniCredit, Miraglia worked at asset managers including Pioneer Investments, where he was responsible for product distribution, and at Eurizon Capital, where he started his financial career working as a portfolio manager and a quantitative analyst.