The supervisory board of Raiffeisen Bank International AG (RBI) has extended Johann Strobl’s management board term of office, which was due to expire at the end of February 2022, by a further five years.
The board says this reflects the high value placed on Strobl’s exceptional performance in the past years, his expertise and management approach.
Strobl, who has served as CEO of RBI since March 2017, was previously CRO of Raiffeisen Zentralbank Österreich AG from 2007 and CRO of RBI from 2010.
The supervisory board highlights its thanks to Strobl for his great commitment to RBI, especially during the COVID-19 pandemic.
In addition, the board looks forward to continuing the open and constructive working relationship with him and the entire management board under his leadership.
Erwin Hameseder, chairman of the RBI supervisory board, comments: “With the extension of Strobl's mandate as CEO of RBI, we are sending a clear signal that we will continue the transformation process begun under his leadership.”
“We are convinced that this will enable us to successfully meet future market challenges and best fulfil the expectations of our clients and investors”, adds Hameseder.
Earlier this year,RBI signed an agreement on the acquisition of 100 per cent of the shares of Equa bank (Equa bank a.s. and Equa Sales and Distribution s.r.o.).
