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# Intesa Sanpaolo Appoints Luigi Fuzio as CIB Bank Hungary CEO and Mojca Kovač as First Woman to Lead a Bank in Its International Division
- URL: https://www.theglobalbanker.com/intesa-sanpaolo-fuzio-cib-bank-hungary-kovac-slovenia-ceo-appointments/
- Published: 2026-03-25T10:49:00.000Z
- Updated: 2026-10-01T21:28:44.000Z
- Description: Intesa Sanpaolo has named Luigi Fuzio as CEO of CIB Bank Hungary and Mojca Kovač as CEO of Intesa Sanpaolo Bank Slovenia, the first woman to lead a bank in the group's International Banks Division.
- Author: TGB Editorial Team
- Tags: Executive Moves, Europe

Intesa Sanpaolo has announced leadership changes within its International Banks Division, naming Luigi Fuzio as Chief Executive Officer and Chairman of the Management Board of CIB Bank in Hungary, and Mojca Kovač as Chief Executive Officer of Intesa Sanpaolo Bank Slovenia. Fuzio's appointment is subject to regulatory approval, the Italian banking group said on 25 March 2026\. The changes were made in Intesa Sanpaolo's International Banks Division, which is led by Paola Papanicolaou and serves 7.4 million customers through 883 branches in 12 countries in Central and Eastern Europe and the Middle East and Egypt.

The group said the moves support the execution of its 2026–2029 Business Plan and its international growth strategy. 

#### KOVAČ BECOMES FIRST WOMAN TO LEAD AN INTERNATIONAL DIVISION BANK

Mojca Kovač's appointment as chief executive of Intesa Sanpaolo Bank Slovenia makes her the first woman to hold a chief executive position within any bank in the International Banks Division. The group said the appointment reflects its commitment to internal talent development and gender diversity.

Intesa Sanpaolo Bank Slovenia is the third-largest bank in the country; in 2025 it reported net income of €60 million, customer deposits of €3.7 billion and loans of €2.7 billion, with total assets of around €4.3 billion at year-end. Kovač was most recently a member of the bank's management board and has held senior leadership positions across several European markets.

#### FUZIO TO LEAD CIB BANK IN HUNGARY

Luigi Fuzio's appointment as CEO and Chairman of the Management Board of CIB Bank Hungary is subject to regulatory approval. Fuzio, who has been CEO of Intesa Sanpaolo Bank Slovenia for the past three years and joined the group in 2021 as Head of Retail & Wealth Management for the International Banks Division, succeeds Pál Simák, who led CIB Bank for 12 years and moves to a new international role at the group's head office in Milan. CIB Bank, part of the Intesa Sanpaolo group, reported 2025 net income of €191 million, customer deposits of €7.6 billion and loans of €4.7 billion, with total assets of around €10 billion at the end of 2025.

Intesa Sanpaolo said the appointments highlight its focus on enhancing its international footprint, developing innovative operating models and leveraging internal leadership capabilities.