Mandates of MB extended

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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:

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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

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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

profit-before-tax-50-50-1--data (1)

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

rotce-50-50

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

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

Anas-Abuzaakouk (1)