appointed Roger Pawellek CEO.

He will succeed Werner Linhardt and take up his new role in2017, with the exact date dependent on when Pawellek can leave his currentemployer, Volksbank LübeckeG. He has been a board member of Volksbank Lübeck since 2011.

KreissparkasseTraunstein-Trostberg's deputy CEO, Josef Schallinger, will act asinterim CEO until Pawellek joins thelender, which is based in southeastern Germany, not far from the Austrian cityof Salzburg.