VIENNA (Reuters) - Austrian hydropower provider Verbund (>> VERBUND AG) named Peter Kollmann of Bank of America's (>> Bank of America Corp) Merrill Lynch as its new finance chief on Tuesday.

Kollmann, 50, is vice chairman of corporate and investment banking for EMEA for Merrill based in Frankfurt.

Three existing board members including Chief Executive Wolfgang Anzengruber had their terms extended until the end of 2018.

Currently, Anzengruber is both CEO and finance chief of Verbund.

(Reporting by Georgina Prodhan)

Stocks treated in this article : Bank of America Corp, VERBUND AG