Takeover of Schaller
Reinhard Schwendtbauer becomes new RLB CEO
Reinhard Schwendtbauer will replace Heinrich Schaller as CEO and Chairman of the Managing Board of Raiffeisenlandesbank Oberösterreich in the course of next year. This was decided unanimously by the Supervisory Board on Monday. Schaller, who will turn 65 in November, will continue in his role as CEO until the end of his mandate.
Schwendtbauer, who was born in 1972, has been a member of the RLB Board of Management since April 2012 and, as Chief Financial Officer (CFO), is currently responsible for Group accounting and controlling as well as investment management, among other things.
"Thanks to his many years on the Managing Board of the bank, he is very familiar with current and future challenges. In his future role, he will play a key role in shaping and taking responsibility for the strategic direction and ongoing development of the Group over the next few years," says Supervisory Board Chairman Volkmar Angermeier.
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