Achievements of our Management Board Members

Dear Shareholders,

The Supervisory Board of BAWAG Group has decided to extend the mandates of all six Management Board members through the end of December 2029. This reflects the long-term commitment of both the Supervisory Board and Management Board members to the long-term profitable growth and success of the Group.

Read our News Article

What the team has achieved so far:

Return on Tangible Common Equity picture 2023

Focus on long-term sustainable returns for the franchise

Senior Leadership Team with a 4.5% shareholding and an “owner-operator“ mindset … reflecting strong stakeholder alignment and commitment to building a long-term profitable franchise

Continuously investing & improving our franchise

Investing across our pillars of value chain … human capital, societal & relationship capital, intellectual capital and nature capital for building the franchise of tomorrow

… with sector-leading value generation for shareholders through:

We distributed €1.7b dividends and reduced our number of shares by 21% through buybacks.

Total Shareholder value generation picture from January 2025

1. A consistent execution of the strategy since 2013

Ⅰ. GROWTH

in core markets through loan
growth & M&A … Focused on
serving our customers

Ⅱ. EFFICIENCY

through operation excellence

Ⅲ. SAFE & SECURE

risk profile

2. Core principles for decision-making with focus on long-term sustainable and profitable growth and value generation for all our stakeholders

Focus on core products, businesses and markets

Investing in development in core markets and core products … exiting non-core markets … Mid-term franchise will transform to 90% DACH/NL region & 90% Retail & SME banking

Simplification of the group

Simplifying how we run the business ... product offering, customer engagement, internal processes, technology stack, and group structure

Profit before tax BAWAG Group timeline picture

Focus on long-term sustainable returns for the franchise

Senior Leadership Team with a 4.5% shareholding and an “owner-operator“ mindset … reflecting strong stakeholder alignment and commitment to building a long-term profitable franchise

3. A culture combining a rich and long history...

Picture Achievements first: Leadership & embracing Change

Experienced Senior Leadership Team (SLT) that led our transformation over the past decade
Continuous improvement mindset

Picture Achievements second: Accountability Meritocracy & inclusion

Assessments are based on merit and performance
We value integrity, character and work ethic

Picture Achievements third: simple & flat organization

Simplification and standardization as key pillars to our strategy
Less hierarchy, less bureaucracy, and more streamlined decision-making

Picture Achievements fourth: Management, both fiduciaries & shareholders

Owner-operator mindset
Incentives are directly tied to real Financial & ESG targets
Focused on long-term franchise value creation

"I am grateful for the support from our Supervisory Board, investors, customers, and team members that have placed their trust in the Management Board as stewards of this great company. The future of the bank has never looked so bright, and the team is excited about the many opportunities ahead. We will do our best to continue delivering for all stakeholders,”

Anas Abuzaakouk
Chairman of the Management Board & Chief Executive Officer