17.07.2006

Alessandro Profumo is the new Chairman of Bank Austria Creditanstalt's Supervisory Board

  • Franz Rauch becomes Deputy Chairman
  • Risk manager Thomas Groß will join BA-CA’s Managing Board

The Supervisory Board of Bank Austria Creditanstalt (BA-CA) made the following appointments: Alessandro Profumo is the new Chairman of the Supervisory Board of Bank Austria Creditanstalt. Mr Profumo (49) is Chief Executive Officer of UniCredit and has so far been a member of BA-CA's Supervisory Board. He succeeds Carlo Salvatori (65).

Franz Rauch („Rauch Fruchtsäfte“) is the new Deputy Chairman of the Supervisory Board of Bank Austria Creditanstalt. Mr Rauch will also be deputy chairman of the credit committee and chairman of the audit committee. In addition he will be a member of BA-CA's strategy committee and nomination committee. Mr Rauch (66) has been a member of the Supervisory Board of the
BA-CA Group since 1985.

Thomas Groß is a new member of the Managing Board. Mr Groß (40) will join BA-CA's Managing Board as Chief Risk Officer with effect from 1 October 2006. He will take over the relevant responsibilities from Johann Strobl. Thomas Groß has so far been Head of Group Risk Control at HypoVereinsbank. Since January 2006, Mr Groß has also been Head of Risk Control and Policies of UniCredit.

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