13.09.2020, 1587 Zeichen

Bawag: The Supervisory Board of Bawag Group has decided to reduce the number of Management Board members from six to five members. This is a reflection of the ongoing simplification drive across the business, with the Management Board reflecting the changing contours of the broader Group. The Group will consolidate the Domestic and International Retail & SME board roles, with Sat Shah leading the newly consolidated business. David O’Leary has been appointed Chief Risk Officer, replacing Stefan Barth, who has decided to take a new position outside of the Bank at the beginning of the new year. The Supervisory Board has also extended the mandates of all five Management Board members for a five-year term through the end of March 2026. Additionally, the Supervisory Board has appointed Enver Sirucic, the Chief Financial Officer, as well as Sat Shah, Management Board Member responsible for the newly consolidated Retail & SME business, as Deputy CEO’s. These changes reflect the long-term commitment to the ongoing profitable growth and success of the Group from both the Supervisory Board and Management Board members.
Bawag: weekly performance: -2.14%

Andritz: International technology Group Andritz has received an order from Guangdong Hengan Paper Co., Ltd. (Hengan) to supply four tissue machines to its new mill in Yunfu, Guangdong, China, for the production of high-quality facial, toilet, handkerchief and napkin tissue grades made of virgin market pulp.
Andritz: weekly performance: -1.65%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (10/09/2020)

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