As of 1 July 2019, Alexandra Habeler-Drabek will serve as Erste Group Bank AG's Chief Risk Officer (CRO), Stefan Dörfler will be Chief Financial Officer (CFO) and Ingo Bleier will be responsible for the Corporate Banking and Markets business. While continuing as the management board member overseeing the retail banking segment at Erste Group, Peter Bosek will in addition take on the role of Chief Executive Officer at the group's Austrian banking subsidiary Erste Bank Oesterreich. Petr Brávek will continue to serve as Erste Group's Chief Operations Officer (COO) until the turn of the year, after which he will take on the COO role at Ceská spoitelna, Erste Group's Czech banking subsidiary.

David O'Mahony will succeed Brávek in the COO role at Erste Group, while Ara Abrahamyan will serve as Chief Digital Transformation Officer (CDTO), thus completing what will be a seven-person management board as of 1 January 2020. The incoming COO will focus on the development of the existing IT systems, process workflows and IT Operations, setting them on a clear course for efficiency gains. By establishing a Chief Digital Transformation Officer role at the management board level, Erste Group has set a clear goal: pushing ahead with digitalization across the bank as a whole.

The CDTO's main task will be to develop and implement a digital strategy for the entire banking group and to embed digital innovation as the key task across all areas of the bank. Andreas Treichl will assume the chairmanship of the supervisory board of ERSTE Foundation, the main shareholder of Erste Group, as of 1 January 2020. As of this date, Bernhard Spalt will serve as the CEO of Erste Group.

Alexandra Habeler-Drabek has been a management board member and Chief Risk Officer at Slovenská sporitel'na, Erste Group's Slovak banking subsidiary, since the start of 2017. Ara Abrahamyan has been responsible for Erste Group's overall IT strategy, as well as its IT portfolio management and investment governance, since 2017 in his role as Head of Group Architecture and Portfolio Management. Ingo Bleier has been the Head of Group Corporates at Erste Group since 2015 and has been responsible in tha function for the group's corporate business in the Holding (including coverage of large corporates, corporate finance and transaction banking) as well as for steering the corporate banking business in the Group.

Stefan Dörfler has been the CEO of Erste Group's Austrian subsidiary Erste Bank Oesterreich since 2016. David O'Mahony has served as the Head of Holding IT at Erste Group since 2016.