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RBI Supervisory Board to Elect Stepic’s Successor

Politics ♦ Published: June 7, 2013; 09:25 ♦ (Vindobona)

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On Friday, the supervisory board will vote on former CEO Herbert Stepic’s successor for listed Raiffeisen Bank International (RBI).

RBI Supervisory Board to Elect Stepic’s Successor / Picture: © Flickr / World Economic Forum

After real estate deals via tax havens became known, Stepic handed in his resignation. He had not informed his employer and the supervisors about the deal. Stepic is alleged to have issued a self-denunciation because of a fund in Liechtenstein. Until the position is transferred to his successor, Stepic will remain CEO.

Stepic is considered a pioneer in Eastern Europe among…