Advertisement
Advertisement

Erste Group announces Willibald Cernko as new CEO

By:
Reuters
Published: Jun 15, 2022, 19:22 GMT+00:00

BERLIN (Reuters) - Austria's biggest bank Erste Group announced Willibald Cernko as its new chief executive on Wednesday, a month after reporting its current CEO would not renew his contract due to differing views on long-term strategy.

The logo of Erste Group Bank is seen outside of one of its branch offices in Vienna

BERLIN (Reuters) – Austria’s biggest bank Erste Group announced Willibald Cernko as its new chief executive on Wednesday, a month after reporting its current CEO would not renew his contract due to differing views on long-term strategy.

Cernko, who has worked for Erste Group since 2016 most recently as Chief Corporate Officer of Erste Bank Austria, will take over the helm of the bank on July 1. He will also take on the role of Chief Retail Officer of the group, the statement said.

(Reporting by Victoria Waldersee; Editing by Madeline Chambers)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Advertisement