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RBI names new management board member in charge of retail banking

Raiffeisen Bank International AG's supervisory board named Andrii Stepanenko as the Austrian lender's new management board member in charge of retail banking.

Stepanenko, who is deputy chairman of the management board and responsible for retail banking at Raiffeisenbank in Russia, replaces Klemens Breuer, who left RBI at the end of October.

RBI noted that Stepanenko's appointment remains subject to approval of the supervisory authorities.