George Zolnai has been appointed as the new CEO of Raiffeisen Bank in Hungary, subject to approval from the supervisory board and regulatory authorities.
Zolnai will replace Heinz Wiedner, who is set to retire on 1 May after six years in the CEO position.
According to Raiffeisen Bank, Zolnai was selected for his significant experience as a senior banker in Hungary and elsewhere. He is currently CEO of Budapest Bank.
Karl Sevelda, CEO of Raiffeisen Bank International, said: “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.”
