VIENNA, June 7 Austrian lender Raiffeisen Bank
International named veteran banker Karl Sevelda on
Friday to succeed Herbert Stepic as chief executive of central
and eastern Europe's second-biggest lender.
Sevelda, 63, has been deputy CEO since 2010 and head of
corporate banking and will take on the top job with immediate
effect, it said after a supervisory board meeting to fill the
leadership vaccum caused by Stepic's resignation last month.
"Karl Sevelda will retain responsibility for corporate
banking until a new division of functional responsibilities is
determined by the supervisory board," it said. Chief Risk
Officer Johann Strobl was appointed the new deputy CEO.
(Reporting by Michael Shields; Editing by Georgina Prodhan)