Human Resources

Staffing levels at year-end 2006: 21,087 FTEs (pie chart)

The integration of BA-CA into UniCredit Group made organisational changes necessary, but concurrently opened up new development and learning opportunities and created new job opportunities in Austria, Italy and CEE.

The divisionalisation process within BA-CA resulted in the creation of decentralised HR responsibilities in the business divisions: Retail HR, Corporates HR, Private Banking & Asset Management HR, CEE HR and MIB HR. CEE HR is also responsible for staff-related matters regarding UniCredit Group subsidiaries belonging to the CEE Division. The Human Resources department manages the BA-CA Corporate Center (CEO, COO, CRO and CFO management functions), and retains central responsibility for staff compensation, recruiting, training, executive management, diversity and HR strategy. This HR structure facilitates customer-oriented HR management.

In Austria, we have been working intensively on implementing the Group-wide HR strategy: as an international banking group, our aim is to identify and develop the best talents and bond them to the Group. We also aim to have a better leadership team than our competitors, a fact evidenced by sustained good business performance. A variety of instruments support these efforts.