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Unicredit Bank AG (HypoVereinsbank), chooses Marion Hoellinger at the top instead of Michael Diederich

Hoellinger takes over from Michael Diederich. leading the bank. The appointment will be effective from March 2023.

Unicredit Bank AG (HypoVereinsbank), chooses Marion Hoellinger at the top instead of Michael Diederich

Will Marion Hoellinger the new managing director of HypoVereinsbank Unicredit e HypoVereinsbank, happening to Michael Diederich who will become Deputy Chief Executive Officer and CFO of FC Bayern Munich.
The appointment of Marion Hoellinger will be effective from the first March 2023 and, pending approval by the supervisory authorities, Michael Diederich will become a member of the Supervisory Board of UniCredit Bank AG (HypoVereinsbank). Diederich assumed the role of CEO in 2018 after having been at the bank since 1996 and joining the board of directors in 2015.

Hoellinger for over 30 years in Unicredit with great leadership skills and achievement of objectives

Hoellinger works at Unicredit Bank AG for more than 30 years and from the 2021 is member of the management board. She was also recently responsible for the German business of Retail and Private & Wealth management within the bank, continuing the introduction of the omnichannel approach and promoting the growth strategy of the segment, says a note from Unicredit.

“Marion Hoellinger is an excellent successor within the company. You have known the bank and the Group for many years and during your time with us you have demonstrated not only professional excellence, but also great leadership skills and realization of goals"He said Andrea Orcell, Chairman of the Supervisory Board of Unicredit Bank AG and Chief Executive Officer of Unicredit Group. “Marion Hoellinger is a CEO with a deep knowledge of the market and our customers. Someone who understands the landscape and the challenges we face, as well as grow the business and ensure the achievement of our Strategic Plan objectives, unlocking the full potential of HypoVereinsbank".

“I look forward to taking on this new challenge and having the opportunity to help build the future of a company that I know very well in my role as CEO” says Marion Hoellinger. “Even if the times we are going through are not easy, we have all the levers to accompany Unicredit in this new path with a determination and a passion that I know I share with all my colleagues in Germany”,

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