Changes in the CEE Managing Board of BA-CA

Subject to approval by the local authorities, the following changes in the CEE Managing Board of Bank Austria Creditanstalt (CEE) will become effective as of 1 September 2004: Anton Knett, currently Head of Division South-East Europe at BA-CA, will join the Managing Board of BA-CA’s Polish subsidiary Bank BPH. In the role of Vice President, he will assume the function of Chief Operating Officer (Operations and IT) and will support the implementation of the new strategy of the bank. Mr Knett, 49, has been working with BA-CA for 30 years, 15 of which in CEE business. From 1990 to 1994, Mr Knett was responsible for establishing BA-CA’s operations in the Czech Republic. From 1996 to 1999 he performed the function of Chairman of the Board of BA-CA’s subsidiary in Croatia. From 2000 onwards, Mr Knett has held various leading management positions within BA-CA in Vienna.

Alexander Picker, currently Chief Operating Officer at Bank BPH, will take over the position of Chairman of the Managing Board of HVB Bank Yugoslavia, succeeding Christoph Greussing in his function. Mr Greussing will become member of the Managing Board of BA-CA’s leasing subsidiary CAC Leasing in Prague. Mr Picker, 41, joined the Managing Board of Bank BPH in 1999 after having worked with International Moscow Bank (IMB). Mr Picker has been with BA-CA since 1994. 

The divisions “Central Eastern Europe (CEE)“ and “South Eastern Europe (SEE)“ within BA-CA Vienna will be merged as of 1 September 2004. Martin Gruell, 44, currently Senior General Manager CEE, will become the head of the new division. Mr Gruell has been responsible for Poland, Hungary, Slovakia and the Czech Republic since 2001. Before joining BA-CA in 1998, Mr Gruell held various management positions at Raiffeisen Zentralbank Austria (RZB).

Upon request:  CV’s and photos

Enquiries:     Bank Austria Creditanstalt, International Press Relations
Ildiko Füredi-Kolarik, Tel. +43 (0)5 05 05-56102; E-Mail: ildiko.fueredi@ba-ca.com