Raiffeisen Bank International AG (RBI) appointed the former President of the Budapest Stock Exchange, Attila Szalay-Berzeviczy, to manage the Group Securities Services business line which is responsible for servicing the largest domestic and international institutional clients in Austria and across Central and Eastern Europe (CEE).
Mr. Szalay-Berzeviczy, who has been acting as a senior advisor to RBI in the past year, will join the bank on 1 November and will be responsible for managing some 230 people within the group. RBI is one of the largest securities services providers in CEE, servicing domestic and international pension funds, insurance companies, asset managers, global custodians, investment funds and broker dealers in 15 countries, and manages some € 180 billion assets under its custody.
«We regard our securities services as a strategic product and one of the key areas of the bank. Our goal is to turn RBI into one of the leading securities services providers in CEE, therefore we regard the appointment of Attila Szalay-Berzeviczy as an important step towards this direction», said Klemens Breuer, RBI’s Managing Board Member for Markets and Investment Banking.
Attila Szalay-Berzeviczy is one of the longest standing professionals in the European securities services industry. Having pioneered the business in Hungary for GE Capital and Bank Austria Creditanstalt after the fall of the Iron Curtain, he has held various senior positions, among them Global Head of Global Securities Services at UniCredit Group, Chairman of the Managing Board at the Budapest Stock Exchange and Member of the Managing Board of the Federation of the European Stock Exchanges (FESE). He has actively contributed to the development of the Capital Markets in CEE, lately serving also as Senior Advisor to the CEO and President of the Warsaw Stock Exchange.