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Heinz Huber is stepping down as Chairman of the Executive Board of Raiffeisen Switzerland by the end of 2024, transitioning to Chairman of Graubündner Kantonalbank in mid-2025. His departure follows a series of failed technology projects, including a costly super app initiative, which has left the bank in turmoil and its regional branches demanding accountability. Huber's leadership, marked by significant financial missteps, has drawn criticism as he exits to the Grisons mountains.
Heinz Huber, CEO of Raiffeisen Switzerland, will step down on December 31, 2024, after nearly six years in the role. He plans to become Chairman of Graubündner Kantonalbank in July 2025. Christian Poerschke will serve as interim CEO starting January 1, 2025, as the bank initiates the succession process.
Heinz Huber will step down as CEO of Raiffeisen Switzerland at the end of 2024 after nearly six years in the role. He will transition to become Chairman of Graubündner Kantonalbank in July 2025, with Christian Poerschke serving as interim CEO starting January 1, 2025. Under Huber's leadership, Raiffeisen Switzerland saw significant growth, with a 15% increase in income to 4.1 billion Swiss francs and a 17.7% rise in profit to 1.39 billion Swiss francs last year.
Heinz Huber is stepping down as CEO of Raiffeisen Switzerland to join Graubündner KB. Christian Poerschke, currently Head of the Finance and Services Department and Deputy Chairman of the Executive Board, will serve as interim CEO starting January 1, 2025. The Board of Directors has begun the succession process.
Heinz Huber is stepping down as CEO of Raiffeisen Switzerland after nearly six years, with plans to become Chairman of Graubündner Kantonalbank in July 2025. Christian Poerschke, currently Head of the Finance and Services Department, will serve as interim CEO starting January 1, 2025. The Board of Directors has begun the succession process.
Heinz Huber will step down as chairman of the Executive Board of Raiffeisen Switzerland on December 31, 2024, after nearly six years in the role. He will transition to president of Graubünden Cantonal Bank in July 2025. Christian Poerschke will serve as interim chairman starting January 1, 2025, as the Board of Directors begins the succession process.
Heinz Huber, CEO of Raiffeisen Switzerland since January 2019, will step down at the end of the year to become Chairman of the Board of Directors at Graubündner Kantonalbank in July 2025, succeeding Peter Fanconi. Huber's tenure saw significant growth for Raiffeisen, despite recent turbulence, including the departure of COO Uwe Krakau following a failed app launch. Christian Poerschke will serve as interim CEO while a succession plan is underway.
Heinz Huber, CEO of Raiffeisen Switzerland, will resign unexpectedly to become Chairman of Graubündner Kantonalbank (GKB) in July 2025. Christian Poerschke will serve as interim CEO starting January 1, 2025, as the bank seeks both internal and external successors. Huber's tenure at Raiffeisen saw significant growth despite challenges, including a scandal that impacted the bank's reputation.
Raiffeisen's e-banking system experienced a significant outage for over an hour due to a simulated cyber attack intended to identify vulnerabilities. The incident, confirmed by a bank spokesperson, disrupted customer access but did not affect payment processing. An internal investigation is underway, raising questions about the impact on CEO Heinz Huber amid ongoing challenges with a new app project.
Raiffeisen's e-banking system experienced a significant outage for over an hour due to a simulated cyber attack intended to identify vulnerabilities. The incident, which left customers unable to log in, has prompted an internal investigation at the Board of Directors level, raising concerns about the bank's IT management and future leadership under CEO Heinz Huber.
Heinz Huber
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