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Changes in Board of Directors of LBBW Bank CZ a.s.

12. 2. 2010

In January 2010 Mr. Markus H. Hermann, Chairman of the Board of Directors of LBBW Bank CZ a.s., in agreement with the Supervisory Board of the Bank, has decided to resign as Chairman of the Board of Directors and General Manager of the Bank and to pursue other business interests. This agreement is effective from 15. 2. 2010.

Mr. Hermann held the office of the Board Chairman at LBBW Bank CZ a.s. and it’s predecessor institutions since April 2002. Mr. Michael Horn, Chairman of the Supervisory Board, extends his appreciation for Mr. Hermann’s leadership in developing a stable, modern and customer oriented bank in the Czech market over many challenging years.

Name of the successor will be announced shortly, after all necessary approvals are obtained.

Press release for download: Changes in Board of Directors of LBBW Bank CZ a.s.



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