July 26, 2017 10:12 PM ET

Banks

Company Overview of Raiffeisen Zentralbank Österreich AG

Company Overview

Raiffeisen Zentralbank Österreich AG engages in the provision of commercial and investment banking products and services to individuals, multinational companies, and financial service providers. It offers corporate finance, and export and trade financing services; and private banking, capital investment, leasing and real estate, and other bank-related services. The company is also involved in cash and asset management, and treasury activities. It has operations in Central, Western, and Southeastern Europe; and Austria, Asia, and internationally. The company was founded in 1927 and is based in Vienna, Austria. Raiffeisen Zentralbank Österreich AG is a subsidiary of Raiffeisen Bank Internation...

Am Stadtpark 9

Vienna,  1030

Austria

Founded in 1927

50,203 Employees

Key Executives for Raiffeisen Zentralbank Österreich AG

Raiffeisen Zentralbank Österreich AG does not have any Key Executives recorded.

Raiffeisen Zentralbank Österreich AG Key Developments

RLB Had Considered Merger With RZB/RBI

Raiffeisenlandesbank NiederÖsterreich-Wien AG had considered joining the merger venture of the two Raiffeisen banks: Raiffeisen Bank International AG (WBAG:RBI) Raiffeisen Zentralbank Österreich AG, in the end the Lower Austrian Raiffeisen bank decided against it, the bank head Klaus Buchleitner disclosed on April 26, 2017, stressing that the idea was now completely out of the question. He underscored that no such plans were under consideration at the moment.

Raiffeisen Bank International and Raiffeisen Zentralbank Österreich Announce Management Changes to its Combined Company

Raiffeisen Bank International AG announced that after a decision on the merger with Raiffeisen Zentralbank Österreich AG is taken by Jan. 24th Extraordinary General Meeting, entry of the merger into the commercial register is planned to take place before the end of the first quarter of 2017. The combined bank will be headed by Johann Strobl. He has been Chief Risk Officer of RBI since 2010 and Deputy CEO of RBI since 2013. Hannes Mösenbacher will succeed Johann Strobl as Chief Risk Officer of RBI. Mr. Klemens Breuer has been Head of Risk Controlling in RBI since 2009. Klemens Breuer will additionally assist Johann Strobl as Deputy CEO.

Raiffeisen Bank International AG and Raiffeisen Zentralbank Österreich AG Announces Executive Changes for the Combined Bank

The supervisory board of Raiffeisen Bank International AG (RBI) has appointed Johann Strobl as CEO of the combined bank comprising Raiffeisen Zentralbank Österreich AG (RZB) and RBI. The appointment will become effective once the merger has been entered in the commercial register. Johann Strobl holds a PhD in Business Administration and has over 27 years of banking experience, 18 of which were spent at Bank Austria Creditanstalt where he last served as CFO. In 2007, Johann Strobl left to become Chief Risk Officer (CRO) at RZB. He has been a member of RBI's Management Board (CRO) since 2010, and has acted as deputy CEO since 2013. The management board of the combined bank will be as follows after the merger takes effect: Johann Strobl (CEO), Klemens Breuer (Deputy CEO and Markets & Retail), Martin Grüll (CFO), Andreas Gschwenter (COO/CIO), Peter Lennkh (Corporate Banking) Hannes Mösenbacher (CRO). The appointment of Johann Strobl as CEO of the Management Board follows the decision of Karl Sevelda to resign from his position as a member of the Management Board once the merger of RZB and RBI takes effect.

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