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20.03.2007

Bank Austria Creditanstalt Job Notice:
Stephan Knechtel assumes role of Procurement Director in UniCredit and for Central and Eastern Europe

In addition to his responsibilities as head of procurements at Bank Austria Creditanstalt (BA-CA), Stephan Knechtel, 43, has now also taken over the same duties for UniCredit Italy. He is therefore in charge of "Global Procurement" in Italy, Austria and 14 countries of Central and Eastern Europe (CEE). In other words, with his procurement team he is responsible for purchasing the annual needs of the Group in the form of more than six million office items, around 15,000 PCs and approximately 3,000 tons of paper. The aim of this integrated procurement management is to standardise processes and bundle requirements. Structured procurements can help the Group to reduce costs.

Stephan Knechtel graduated from the Vienna University of Economics and began his unusual career in 1981 as a courier and tour manager in Europe.  His purchasing expertise and his skill with numbers landed him jobs in procurement between 1991 and 1998 with Philips and iR3 Video in the Far East. He has been working for BA-CA since 1998 as head of procurement. Stephan Knechtel is married and has one daughter.

Enquiries: Bank Austria Creditanstalt Press Office
Peter N. Thier, Tel: +43 (0) 50505 52371
E-mail: peter.thier@ba-ca.com

A printable photograph of Stephan Knechtel can be downloaded from the Internet  here. Copies may be made free of charge. Photo by: Gerry Frank for BA-CA