DGAP-Adhoc: Raiffeisen Bank International AG: Karl Sevelda new Chief Executive Officer of RBI


Raiffeisen Bank International AG  / Key word(s): Change of Personnel

07.06.2013 11:45

Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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The supervisory board of Raiffeisen Bank International AG (RBI) has
accepted today Herbert Stepic's (66) resignation as CEO of RBI. After
Herbert Stepic offered to resign his position due to personal reasons on 24
May, 2013, he will step down from the RBI management board with immediate
effect. At the same time, Karl Sevelda (63), the board member responsible
for Corporate Banking in the RBI Group, will take over the function of CEO
with immediate effect.

Karl Sevelda brings with him over 35 years of banking industry experience,
including more than 20 years spent at Creditanstalt-Bankverein. From 1998
to 2010, he was a member of the board of Raiffeisen Zentralbank Österreich
AG and since 2010 has served as deputy Chairman of RBI's board. Alongside
his role as CEO, Karl Sevelda will retain responsibility for Corporate
Banking until a new division of functional responsibilities is determined
by the supervisory board. Johann Strobl has been appointed the new deputy
Chairman of the RBI board.

Speaking on behalf of the entire supervisory board, Chairman Walter
Rothensteiner expressed his gratitude for Herbert Stepic's more than 40
years commitment and his great contributions to the Raiffeisen Banking
Group. Herbert Stepic's strategic vision and effective implementation
skills played a vital role in building RBI into a leading banking group in
Central and Eastern Europe (CEE) and in Austria. Today, RBI is present in
17 markets in CEE, operating the largest branch network of any western bank
in the region with more than 3,000 branches. RBI currently serves more than
14 million customers and employs approximately 60,000 people. Under the
leadership of Herbert Stepic, RBI withstood well the financial crisis and
earned the highest annual profit by far of any Austrian bank in 2011 and
2012.


For further information please contact: 
Susanne E. Langer
Head of Group Investor Relations
Spokesperson

Raiffeisen Bank International AG
Am Stadtpark 9, 
1030 Vienna, Austria
Tel.: +43-1-71 707-2089
Fax: +43-1-71 707-2138
ir@rbinternational.com
www.rbinternational.com


07.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Raiffeisen Bank International AG
              Am Stadtpark 9
              A-1030 Vienna
              Austria
Phone:        +43-1-71707-2089
Fax:          +43-1-71707-2138
E-mail:       ir@rbinternational.com
Internet:     www.rbinternational.com
ISIN:         AT0000606306
WKN:          A0D9SU
Listed:       Freiverkehr in Berlin, München, Stuttgart; Frankfurt in Open
              Market ; Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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