Cinzia Fumagalli

Cinzia Fumagalli is an experienced professional in credit and operational risk validation, currently serving as the Head Of Local Credit Risk Validation Unit at UniCredit since March 2012. Fumagalli oversees the assessment of Italian credit risk models and ensures quality assurance for other Group Legal Entities. Prior roles include Head of Operational and Pillar II Risks Validation, where expertise was applied to governance, processes, data quality, and the validation of internal models for various risks. Fumagalli began the career at Deloitte Consulting, advancing from Consultant to Manager, where project management focused on Basel 2 Operational Risk and Management Control across multiple industries. Additionally, Fumagalli contributed to a volunteer mission in Zambia, managing bakery operations and supporting social services. Educational qualifications include a master's degree in Mathematics from Università degli Studi di Milano-Bicocca and a master's in Finance and Control from IFAF.