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SG poaches BofA executive

SG poaches BofA executive

(15 November 2016 – Italy) Societe Generale has appointed Bank of America's head of global corporate banking for Italy, Alessandro Gumier, to lead its Italian business, sources have said.

Gumier, who joined the US bank over a decade ago, will take over from Societe Generale's group country head Patrizia Micucci, who stepped down in July.

Milan-based Gumier has over 15 years of experience in banking, having previously worked at Citigroup and Standard Chartered.

He will leave Bank of America this week, handing over to Mario Ambrosio, a managing director at Bank of America's Italian corporate banking business, who has been promoted to head the division.

Ambrosio will report to Fernando Vicario, head of corporate banking across Europe, the Middle East and Africa.

Gumier’s departure is the second high profile deflection in a short period for Bank of America. It’s chief executive for Italy, Marco Morelli, also left the bank recently to lead the restructuring of Monte dei Paschi di Siena as its new CEO.

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