Organizational Structure in the bank

The Private Sector Department (OPSM) operates through a Front Office and five Divisions namely:

Maintaining the so-called “global” Divisions / functions (Corporate Investment Banking (CIB)/ Global Banking Services (GBS)/ Central and Eastern Europe (CEE)) which allow the Group to maintain and increase a competitive advantage in terms of costs and competencies, while envisaging the refocusing of CIB Division on selected customers with a strong demand for “Investment Banking” products;

Confirmation of the steering, coordination and control role of the Holding Company, in particular through a focus on internal control topics, a supervision of Group key processes and a global coordination of some functions (Planning, Finance & Administration, Risk Management and Legal & Compliance).

Higher responsibility of the Countries/ local Banks, through increased autonomy and decision levers, in order to guarantee increased proximity to the client and faster decision processes (direct management of marketing activities and of certain businesses);