OREANDA-NEWS. August 01, 2011. Gert Hebenstreit, Head of the Operations & IT Directorate, has joined the Management Board of Raiffeisenbank. The appointment will take effect after approval from the Central Bank of Russia, reported the press-centre of Raiffeisenbank.

Mr. Hebenstreit’s responsibilities reach among others from managing the banks back office operations, IT operations and projects, central procurement to the bank’s own facilities management and logistics topics. Special focus will be on ensuring that the banks operations and IT will develop lean and effectively in line with Raiffeisenbank’s ambitious and well developing business operations in Russia.

The decision to appoint Gert Hebenstreit to the board was taken due to his proven track record to strengthen Raiffeisenbank’s operations.

Gert Hebenstreit was born in Graz, Austria. He graduated with a master in social and economic sience from the Karl-Franzens University of Graz. During his study he started his career in IT training and later moved to consultancy in the financial industry. He spend three years in London where he worked at Capco thereafter he joined Capgemini Consulting in Austria where he specialized in merger and integration projects in the banking industry. He led bank integration projects merging independent leagl entities in Serbia, Bosnia Herzgovina and Romania resulting in successful technical, business and legal integrations. During 2006 he was also consulting Raiffeisenbank in Russia on the integration with Impexbank. In March 2007, Mr Hebenstreit joined Bank Austria (Member of UniCredit Group) who seconded him to UniCredit Bank in Russia, working there until November 2007. Thereafter he was nominated Head of Global Banking Services at UniCredit Bulbank in Bulgaria, being a member of the management board responsible for all back office operations and IT up to his move to Raiffeisenbank.