Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Erste Group Bank AG
  6. News
  7. Summary
    EBS   AT0000652011


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Erste Bank Oesterreich: Peter Bosek to leave Erste and become CEO of Luminor Bank

09/18/2020 | 04:50am EDT


Erste Bank Oesterreich: Peter Bosek to leave Erste and become CEO of Luminor Bank

Erste Bank Oesterreich (EBOe) CEO Peter Bosek today announced that, after 24 years at Erste including more than 13 years in various management board positions, he will resign as the bank's chief executive officer and step down from Erste Group's managing board. Bosek will be taking on the CEO role at Luminor Bank AS in the Baltics.

Peter Bosek will remain in his current roles until 31 December 2020, working with the management and supervisory board teams of both Erste Bank and Erste Group to ensure a smooth transition. Further announcements on the succession process will be made in due time.

Commenting on Peter Bosek's contribution to Erste, supervisory board chairman Friedrich Roedler said: 'Together with his management team, Peter has established Erste Bank as the leading bank in Austria. As a member of Erste Group's management board, he was also instrumental in consolidating our presence in CEE and establishing Erste as the frontrunner in digital banking across the region, not least thanks to the success of George, Erste's digital banking platform.'

Erste Group CEO Bernd Spalt added: 'Working together with Peter over the past two decades in different constellations was a great pleasure and honor. He will always be part of the Erste family and we all wish him the very best of luck for the future and his new challenge.'

Peter Bosek stated: 'Erste Bank and Sparkasse and the Erste Group have been my home for almost a quarter of a century and I am extremely proud to have played a role in making Erste the leading banking group in our region. I have helped steer Erste through periods of booming growth and ones marked by significant challenges, but I know that I will be leaving Erste as a bank that's uniquely well-positioned to continue providing its customers with the very best in banking.'

'In life we often struggle to both grow and have a sense of belonging. I believe the time is right for me to take a new career challenge that will take me away from Austria and Erste's CEE markets. As the banking business undergoes important transformation, I am eager to contribute with my experience to a different banking business model. I am taking this step on good terms with my colleagues across Erste and wish them all the best as they lead the bank in its third century.'


Erste Group Bank AG published this content on 18 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 08:49:06 UTC

ę Publicnow 2020
All news about ERSTE GROUP BANK AG
05:35aERSTE BANKá : 24.06.2021 - Bekanntmachung gemäß ž 135 Abs. 2 BörseG in Verbindun..
06/17Commerzbank sees Polish court ruling in summer, mBank in focus
06/09ERSTE BANKá : 09.06.2021 - 2. Bekanntmachung gemäß ž 135 Abs. 2 BörseG in Verbin..
06/09Six Companies Agree to Enter EU Commission's Green Consumption Pledge
06/08ERSTE BANKá : 08.06.2021 - 2nd Announcement pursuant to sec. 135 para. 2 Austria..
06/08ERSTE BANKá : 08.06.2021 - Announcement pursuant to sec. 135 para. 2 Austrian St..
06/04ERSTE BANKá : 04.06.2021 - Announcement pursuant to sec. 135 para. 2 Austrian St..
06/04Mondi Secures $908 Million Sustainability-Linked Revolving Facility
06/02ERSTE BANKá : 02.06.2021 - Announcement pursuant to sec. 135 para. 2 Austrian St..
05/26ERSTE BANKá : 26.05.2021 - Announcement pursuant to sec. 135 para. 2 Austrian St..
More news
Sales 2021 7 391 M 8 816 M 8 816 M
Net income 2021 1 212 M 1 445 M 1 445 M
Net Debt 2021 - - -
P/E ratio 2021 12,0x
Yield 2021 4,65%
Capitalization 13 089 M 15 613 M 15 612 M
Capi. / Sales 2021 1,77x
Capi. / Sales 2022 1,71x
Nbr of Employees 45 411
Free-Float 62,3%
Duration : Period :
Erste Group Bank AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ERSTE GROUP BANK AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 32,30 €
Average target price 34,87 €
Spread / Average Target 7,96%
EPS Revisions
Managers and Directors
Bernhard Spalt Chief Executive Officer
Stefan D÷rfler Chief Financial Officer
Friedrich R÷dler Chairman-Supervisory Board
Petr Brßvek Chief Operating Officer
Jan Meindert Homan First Vice Chairman-Supervisory Board
Sector and Competitors