On September 4th, 2006 Roman Vorobiev joins Raiffeisenbank as Member ofthe Managing Board of Raiffeisenbank in charge of Retail Banking subjectto approval of the Central Bank of the Russian Federation.
Mr. Vorobiev graduated with honors from the Finance Academy under theGovernment of Russian Federation (former State Financial Academy) in1991, majoring in Credit and Finance.
Roman Vorobiev has extensive banking experience with both Russian andforeign-owned financial institutions. During the past years he focusedon retail banking in a major Russian bank where he managed tosignificantly increase the market share. His key responsibilities werestrategic planning, branch network development, business and productdevelopment and marketing. Mr. Vorobiev was fully in charge of the P&Lretail results.
“With Roman Vorobiev we could attract a highly professional top manager with vast experience in retail banking. He will have the chance to further expand Raiffeisenbank''s retail activities which we see as one of the cornerstones for our further growth in the Russian market" saidJohann Jonach, Chairman of the Managing Board of Raiffeisenbank,commenting on the nomination.
Raiffeisenbank is ranked 8th in terms of assets among top Russian banksbased on Q2 2006 results (CEA Interfax). At present the Bank disposes of18 branches in Moscow, 5 branches in Saint Petersburg and regionalbranches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk, NizhnyNovgorod and Krasnodar. Among the leading retail banks Raiffeisenbank isthe 6th largest bank in Russia in terms of consumer lending and 7th interms of private deposits based on Q2 2006 results (CEA Interfax).Raiffeisenbank issued 60,000 bank cards during H1 2006, whereas itstotal figure of cards issued in Russia as at 1 July 2006 amounts to380,000.
ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen InternationalBank-Holding AG– which is the steering company for subsidiary banks and leasing units in 16 markets of Central and Eastern Europe (CEE). More than 11 million customers are served via over 2,700 business outlets. Raiffeisen International is a fully consolidated subsidiary of RaiffeisenZentralbank Austria AG (RZB), which owns 70 per cent of the common stock. The remaining 30 per cent is free float, the shares are traded on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country''s largest banking group.