Addiko Bank AG: Ganesh Krishnamoorthi appointed Chief Retail, IT and Digitalization Officer from 1st August 2020

Vienna (pta025/22.06.2020/16:45 UTC+2) --

As communicated on 26th May 2020, the Supervisory Board of Addiko Bank AG decided on the appointment of a third Member of the Management Board. The company is pleased to announce Ganesh Krishnamoorthi as Chief Retail, IT and Digitalization Officer, assuming his role from 1st August 2020.

Mr Krishnamoorthi is an experienced banker and has held several leadership roles in the financial sector over the past 22 years. He began his banking career at Santander Consumer Bank (formerly GE Money Bank), where over a decade he assumed various leadership positions in the areas of IT as well as Retail management and was also responsible for building their digital business. He later joined Western Union Bank as General Manager and led the launch of their digital business across 18 countries in Europe. During the last 3 years, Mr Krishnamoorthi worked in BAWAG and Austrian Anadi Bank. In the latter case he was responsible for the turnaround of their Retail franchise while accelerating digital capabilities and most recently holding also the Interim CEO role.

"I am very much looking forward to this new challenge and I believe in the great potential of Addiko Bank. My goal is, together with a strong leadership team, to strengthen and further expand the bank's position as a specialist unsecured lender utilizing both traditional and digital channels. I am looking forward to further modernizing Addiko`s product offerings and improving the processes so we become the true digital banking specialist in our focus segments in the CSEE region.", said Ganesh Krishnamoorthi.

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Emitter:	Addiko Bank AG Wipplingerstraße 34 / 4.OG 1010 Wien Austria
Contact Person:	Addiko Investor Relations Team
Phone:	+43 (0) 50232 2070
E-Mail:	investor.relations@addiko.com
Website:	www.addiko.com
ISIN(s):	AT000ADDIKO0 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)