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RBI: Sevelda to Remain CEO unil 2017
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Published: September 23, 2013; 13:22 ♦ (Vindobona)

Karl Sevelda, who was appointed new CEO of listed Raiffeisen Bank International (RBI) at the beginning of June, does not regard himself as interim head of the bank.

According to Sevelda, the contract is effective up until 2017. “I will fully exercise this [function],” Sevelda said in an interview with daily “Österreich”. On the question if RBI was in a difficult situation, Sevelda declared that RBI was not worse off than other banks. “Okay, we still have € 1.75bn in participation capital from the state which is recognized as core…
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