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23.07.2008

Regina Prehofer to leave Bank Austria and UniCredit Group

Regina Prehofer, Member of the Management Board of Bank Austria, has decided to leave the bank and UniCredit Group as of 15 September. She will join the Managing Board of BAWAG PSK as Chief Executive of the Austrian retail and commercial banking business.

Regina Prehofer started her banking career in 1981 at Oesterreichische Kontrollbank before moving to Creditanstalt in 1987. After having held various managerial positions in the corporate customer business, she became member of the Managing Board of Bank Austria in 2003 and Member of the UniCredit Corporates Division Executive Management Committee in 2006.

"I appreciated Regina Prehofer as a colleague and a very experienced manager with thorough know-how in corporate banking. I regret her leaving while accepting the interesting new and challenging career opportunity outside the group. l wish her all the best in her new position", says Vittorio Ogliengo, Head of Corporate Banking Division UniCredit Group.

Erich Hampel, CEO of Bank Austria: "I’d like to thank Regina Prehofer for her outstanding contribution to the development and success of Bank Austria over the past 21 years and the excellent cooperation with her. I personally regret her leaving and I wish Regina all the best for her personal and professional future. We will nominate the successor of Regina Prehofer at the next Bank Austria Supervisory Board Meeting at the end of July."

Enquiries: Bank Austria Communications Austria
Martin Halama, tel. +43 (0)5 05 05 52371;
e-mail: martin.halama@unicreditgroup.at