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RBI: Meeting About Stepic’s Successor on Monday
Politics ♦
Published: May 24, 2013; 13:48 ♦ (Vindobona)

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Today, Herbert Stepic announced his resignation as CEO of Raiffeisen Bank International (RBI) due to personal reasons.

Stepic became a target of heavy criticism after he had purchased three apartments via offshore companies but not informed the committees about the deal. The supervisory board of RBI has announced – as has the Financial Market Authority – to look into the deal. Even Govenor of the Austrian National Bank (OeNB) Ewald Nowotny will assess the business.
On Friday morning, Stepic…
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