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.
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.
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
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...
Experienced Senior Leadership Team (SLT) that led our transformation over the past decade
Continuous improvement mindset
Assessments are based on merit and performance
We value integrity, character and work ethic
Simplification and standardization as key pillars to our strategy
Less hierarchy, less bureaucracy, and more streamlined decision-making
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
