Bio

Luigi Lovaglio was born in Potenza (Italy) on August 4, 1955. He graduated from the Economic Department at the University of Bologna. He joined Credito Italiano in September 1973 where he performed a number of functions in the foreign, credit, marketing, internal audit, and organisation departments. He also spent over 10 years working as a Branch Manager in increasingly larger branches of the Group. In 1998, he was actively involved in the integration process which followed the merger between Credito Italiano and savings banks in the UniCredito Group and, in 1999, he was in charge of the integration of a newly-purchased savings bank with the Caritro Group. When the Group embarked on the expansion path in the New Europe in 1999, he was appointed as Head of the Group Foreign Banks' Planning Department where one of his main responsibilities was to integrate Bank Pekao (Poland) with the Group. In 2000 he was appointed as Deputy Director-General of UniCredito Group in Milan and he then became Vice-President of the Management Board and COO at Bulbank AD in October 2000. In 2003 he moved to Poland, performing the functions of Vice-President of Bank Pekao SA Management Board, responsible for the integration of Bank Pekao SA with the spin-off part of Bank BPH. In November 2007, he became First Vice-President and General Manager of Bank Pekao SA. In May 2011 he was appointed to his current roles of Country Chairman Poland of UniCredit S.p.A. and Chairman of the Management Board (CEO) of Bank Pekao SA. He holds the Group title of Senior Executive Vice President.