Herbert Stepic

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Herbert Stepic (born December 31, 1946 in Vienna ) is an Austrian bank manager and the former long-standing CEO of Raiffeisen International and its successor organization, Raiffeisen Bank International .

Career

Herbert Stepic graduated from the De La Salle School Strebersdorf in Vienna with a degree in commercial science and obtained a doctorate in commercial science . After a year in private industry, he joined Raiffeisen Zentralbank Österreich AG (at that time Genossenschaftliche Zentralbank, GZB) in 1973 , where he built up what was then the foreign trade service division. In 1978 he took over the country department at RZB and began building up an international network of correspondent banks . In 1986 he became director of RZB, and in 1987 a member of the RZB board, responsible for international business. In 1989 the Iron Curtain fell; Austria was able to use its traditional connections to many countries of the - now former - Eastern Bloc more or more freely than before.

From 1995 he was Deputy General Director of RZB, and since 2001 he has also been Chief Executive Officer of Raiffeisen International (RI), which brings together all of the Eastern European network banks and finance companies. On the occasion of the merger of the main business areas of Raiffeisen Zentralbank Österreich AG with Raiffeisen International in October 2010, he became CEO of the then newly formed Raiffeisen Bank International.

On May 24, 2013 Stepic resigned his position as CEO; shortly before, he had become known as the beneficial owner of two companies registered in the British Virgin Islands and Hong Kong in the context of the offshore leaks . These companies were used to legally purchase three apartments in Singapore. According to his voluntary disclosure to the tax office in May 2013, he is also said to not have taxed income from real estate in Eastern Europe that he held through Maltese and Ukrainian holdings and a Liechtenstein foundation. Accounts and custody accounts in Switzerland are also said not to have been taxed. The non-taxation is said to have occurred in error.

Investigations in this regard were discontinued by the public prosecutor's office and finance in July 2016. Stepic has paid around 500,000 euros in taxes.

His successor is Karl Sevelda .

He is a member of the Catholic student association K.Ö.HV Amelungia Vienna in the ÖCV .

Herbert Stepic collects African art, and in 2011 the Bank Austria Kunstforum Wien devoted its own exhibition to the works of its collection.

Awards

In 2005, Stepic received the WU Manager of the Year award from the Vienna University of Economics and Business . After the positive outcome of the IPO of Raiffeisen International , the Austrian named him business magazine trend for Man of the Year .

Stepic also received the European Banker of the Year 2006 award . The organization office of the Group of 20 + 1 - an association of leading international financial journalists - announced that Stepic was the first Austrian banker to receive this award . The reason for the award stated that Stepic had " formulated and implemented Raiffeisen International's Eastern Europe strategy since 1986 ". The RI is one of the three largest western-dominated banking groups in Eastern Europe; In terms of diversification , only UniCredit can hold a candle to it , according to the jury . In addition, the institute is the largest western bank in Russia and the former CIS countries . With an average growth rate of 40% p. a. In terms of operating income , pre-tax profit and total assets over the past 10 years, RI is one of the fastest growing banking groups in the world. The European Banker of the Year award has been presented annually since 1994 by leading business and financial journalists.

On June 14, 2007, Stepic was named European Manager of the Year 2007 . The editors-in-chief of EBP (European Business Press) award the prize annually . Before the “Eastern Pioneer” of the Austrian Raiffeisen Group, managers such as Ingvar Kamprad ( Ikea ), Jorma Ollila ( Nokia ) and Bernd Pischetsrieder (then BMW ) received this award. The EBP includes the Financial Times , Wall Street Journal Europe , Handelsblatt , Les Échos or Milano Finanza and, from Austria, the trend magazine .

Decoration of Honor (excerpt)

literature

Web links

Commons : Herbert Stepic  - collection of images, videos and audio files

Individual evidence

  1. "Out of responsibility for Raiffeisen" on orf.at; Retrieved May 24, 2013.
  2. "Shopping via the Caribbean puts Stepic under pressure in: Der Standard, May 23, 2013; accessed on May 24, 2013.
  3. Rheinische Post: Austria's flagship banker falls over "offshore leaks"
  4. The standard: Stepic self-disclosure leads to Phuket ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , September 4, 2015 @1@ 2Template: Webachiv / IABot / derstandard.at
  5. Finance and public prosecutor set investigations against ex-bankers. July 1, 2016, accessed July 2, 2016 .
  6. [1]
  7. ÖCV complete directory.
  8. ^ A Passionate Collector , Kurier, December 5, 2011
  9. derStandard.at - RI boss Herbert Stepic is WU manager 2005 . Article dated October 21, 2005, accessed June 17, 2015.
  10. a b List of all decorations awarded by the Federal President for services to the Republic of Austria from 1952 (PDF; 6.9 MB)
  11. MP 2006 no 6 poz. 94 - point 1.
  12. ^ The press of November 2, 2011