Addiko Bank AG Announces New Management Board Complete
May 28, 2021 at 07:35 am EDT
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The Supervisory Board of Addiko Bank AG announced the complete setup of the Management Board. Ganesh Krishnamoorthi, currently Chief Retail, IT and Digitalization Officer (CRBO & CIO) will serve in an extended
role as Chief Market, IT and Digitalization Officer (CMO & CIO) from 1 June 2021.Tadej Krasovec, currently Chief Risk and Operating Officer (CRO & COO) in Addiko Bank Slovenia, will join the Management Board of Addiko Bank AG as Chief Risk Officer (CRO) on 1 June 2021. Tadej is a senior banker with more than 18 years of experience and started his career at Nova Ljubljanska banka in Slovenia (NLB) in various positions and leadership roles in risk management. He joined the Management Board of Addiko Bank Slovenia at the onset of the newly established focus strategy in 2016 and played an instrumental part in the leadership team during the bank's digital and organizational transformation. As CRO, he put a special focus on achieving business growth while ensuring asset quality, operational efficiency and driving forward the digitalization of banking. His appointment is subject to approval by the competent regulatory authority. Edgar Flaggl, currently Head of Investor Relations & Group Corporate Development, will complement the top management team of Addiko Bank AG as Chief Financial Officer (CFO), reporting directly to the CEO. Edgar has more than 15 years of experience in financial services consulting as well as banking.
Addiko Bank AG is an Austria-based bank that provides, together with its subsidiaries, products and services. It focuses on consumers and small-medium enterprise (SME) customers. The Bank divides its activities into five segments: Retail, which includes accounts, transactions, consumer and mortgage lending; SME targets business customers offering customizable banking products and advisory services; Large Corporates offers financing products and services to large business customers; Public Finance offers to public institutions deposit products, lending products and other complementary products such as domestic and foreign payments, insurance, treasury and trade finance products; Corporate Center is an internal segment without direct product offerings, which manages the Bank and its subsidiaries. The Bank is the parent Company of the Addiko Group and operates in Austria, Germany, Croatia, Slovenia, Bosnia and Herzegovina, Serbia and Montenegro.