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October 2020

Erste Group Announces Changes to Management Board

Erste Group has made the following announcements regarding its Management Board:

  • Thomas Schaufler has joined the Management Board, overseeing retail banking. He has had a notable career thus far with Erste Group, having joined in 1993. He will maintain the same position with Erste Bank Oesterreich as well.
  • Maurizio Poletto is set to join the Management Board as the company’s first ever Chief Platform Officer. Maurizio founded Erste Group’s inhouse fintech and spearheaded the development of George.
  • Ara Abrahamyan will resign from the Management Board as Chief Digital Transformation Officer, but will stay on as an advisor.

Erste Group is one of the largest financial services providers in Central and Eastern Europe, serving 15.7 million clients in over 2,700 branches in seven countries. The bank recently generated $11.2 billion in annual revenue, and employs approximately 47,000 people.