Jan Kupfer, currently global co-head of global transaction banking (GTB) for UniCredit, has been appointed head of corporate and investment banking (CIB) Germany, effective March 1.

Kupfer will succeed Michael Diederich, who was appointed country chairman Germany at UniCredit and CEO of UniCredit Bank last month.

Kupfer joined UniCredit in 1991 and has since then successfully covered different responsibilities in the group. In his new function he will become a member of the bank’s management board, while retaining his seat on the CIB executive committee.

As a consequence of Kupfer’s move, Luca Corsini will be the sole responsible global head of GTB. He will be supported by Thomas Dusch, currently co-head of GTB Germany, who will take over the new role of deputy global head of GTB. Dusch was responsible for the coverage of Americas’ clients in New York before joining GTB in 2014.

Katharina Michael, currently head of international trade finance sales Germany, will take up the role of co-head of GTB Germany alongside Harald Schwendtner. Michael joined UniCredit in 2016 from Commerzbank, where she was global head of structured trade finance.