VIENNA, June 7 (Reuters) - 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