OREANDA-NEWS. December 29, 2011. The Supervisory Board of Raiffeisen Bank Aval by its decision of 21 December, 2011 released Alexander Witte, Deputy Chairman of the Board of Raiffeisen Bank Aval, from the post in connection with the completion of the term of his labor agreement with the Bank.

Alexander Witte has occupied this position since 20 September, 2007 being in charge of risk management in Raiffeisen Bank Aval.

The Supervisory Board of the Bank has appointed Natalia Gurina as Deputy Chairman of the Board of the Public Joint Stock Company Raiffeisen Bank Aval instead of Alexander Witte. She will be responsible for the Bank’s risk management vertical.

Natalia Gurina has been working in Raiffeisen Bank Aval in different positions since March, 1994. Prior to this new appointment, she has been Chief Risk Manager – Head of the Corporate Risks Division of the Bank.