Mustier will report to the CEO Federico Ghizzoni, and he will be a member of the executive management committee.
Mustier was head of the Corporate and Investment Banking division of Societe Generale from 2003 to 2008, being as well a member of the group executive committee.
In September 2008, Mustier took up the responsibility of asset management, private banking and securities services for Societe Generale. He has left the group – which he joined in 1987 at the early stage of his career – in August 2009, and has been advisor to various financial institutions, completing also large fund raising for non for profit institutions.
Ghizzoni said with his deep knowledge of the industry, international experience and outstanding track record, Mr Mustier is the ideal choice for UniCredit.
"Our Corporate and Investment Banking business will benefit from his excellent leadership skills and his capacity to serve customers all across the board, thanks to his widely recognized powerful combination of financial markets expertise and corporate banking business knowledge," said.