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16. 03. 10. - 16:00

Erste Bank Austria chief to retire early

Erste Bank in Austria announced today (Tues) that its General Director Elisabeth Bleyleben-Koren would retire on 30 June 2010 even though her contract expires in mid-2012.

After the departure of Bleyleben-Koren, 61, her board colleagues Thomas Uher and Peter Bosek would run the bank, its supervisory board said today.

Bleyleben-Koren said that her decision had been difficult after 33 years with the Erste Bank Group and three years as general director. She added the bank was well positioned in the market and would have a good leadership team.

It was time, she said, to put leadership into younger hands.

Erste Group chief Andreas Treichl said that Bleyleben-Koren had certainly been Austria’s most successful banker, had put her stamp on domestic banking and had given him great support.

He added that she had decided to stop working sooner than he would have liked.

She became a member of the bank’s board in 1997 and was deputy chairman of it from 1999 until 2007, when she became general director.

Austrian Times

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