UniCredit Group has appointed Peter Schaede as head of German equity capital markets, effective immediately. He will report to Christian Steffens, global head of equity capital markets, and will be based in Munich.

Mr Schaede joined UniCredit Group in 2005 as global head of execution and documentation for equity capital markets. Prior to joining Unicredit Group he worked as a qualified capital markets lawyer at Clifford Chance.

Mr Steffens said: “Peter has a extensive expertise and experience in the equity capital market business. He has been closely involved in all our German equity capital market transactions within the last few years. His appointment highlights our commitment to maintaining and enhancing our strong franchise in the German equity capital market.”

The equity capital markets team is part of the UniCredit’s corporate and investment banking division.

UniCredit is an Italian financial institution with presence in 22 European countries as well as representative offices in 27 other markets, with about 10,000 branches and approximately 165,000 employees.