OREANDA-NEWS. September 21, 2009. The Supervisory Board of ZAO Raiffeisenbank has approved the appointment of the Head of the Financial Controlling Division Mr. Arndt Roechling to the bank’s Management Board. The appointment becomes effective upon approval by the Bank of Russia. In his new capacity Mr. Roechling will be responsible for the day to day business of the Finance Directorate, reported the press-centre of Raiffeisenbank.

The CEO of Raiffeisenbank Mr. Pavel Gurin commented, "We are happy to welcome yet another professional whose expertise and profound experience will help shape and implement the bank’s strategy".

Arndt Roechling was born in 1967 in Germany. He has been working for Raiffeisenbank since 2001 when he joined RZBs investment banking unit. In 2004-2005 he was one of the project managers for Raiffeisen International's IPO, leading to RI being listed on the Vienna stock exchange. In October 2005 he received his first assignment in a CEE country and was sent to Kyiv in Ukraine. He worked almost 5 months in Bank Aval's integration office. In June 2006, he was delegated to Raiffeisenbank in Russia as Head of the Integration Office. With Mr. Roechling at the helm, the integration office team made a significant contribution to the successful merger of JSC IMPEXBANK and ZAO Raiffeisenbank Austria in the autumn of 2007. Since November 2007 he has been in charge of financial controlling.