• Appointment subject to regulatory approval
  • Heinz Wiedner will retire as of May 1, 2017

George Zolnai, 51, shall become the new CEO of Raiffeisen Bank Zrt., Budapest. His appointment is subject to relevant Supervisory Board approvals and subsequent approvals of the Hungarian authorities. After many years of experience as a senior banker both in Hungary and abroad, Zolnai is currently CEO of Budapest Bank. He will succeed Heinz Wiedner, 63, who will step down from his position as of May 1, 2017 after having served as Raiffeisen Bank's CEO for more than six years.

'I would like to thank Heinz Wiedner for his excellent performance and for managing the bank in turbulent times, and wish George Zolnai all the best for his future position. I am convinced that he will continue the successful path of our Hungarian bank, which has turned profitable again after several difficult years', said Karl Sevelda, CEO of Raiffeisen Bank International.

Raiffeisen Bank International AG published this content on 11 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2017 11:23:16 UTC.

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