Chairman of the Managing  Board of Kommunalkredit Group

Alois Steinbichler is a graduate of the Vienna University of Economics and Business Administration, and holds a masters degree from Krannert Graduate School of Management, Purdue University, Indiana/USA. He began his career with Continental Illinois Bank, Chicago, and State Street Bank, Boston, in Vienna, London and Zurich, where he spent seven years. In 1987 he joined Creditanstalt, Vienna, where he established the international credit risk function. In 1990 he transferred to the Creditanstalt London branch as Chief Executive.

From 1997 he was Creditanstalt’s Head of International Business and following the establishment of Bank Austria Creditanstalt International, he joined the Management Board of that institution. In 2001 he transferred to UniCredit’s New Europe Division, Milan, Italy (responsible for the expansion of the bank’s Eastern European activities) as Head of Corporate Business and International Relations. In 2003 he was appointed Deputy Chairman of the Management Board of UniCredit’s Croatian subsidiary “Zagrebacka banka d.d.”

In June 2006, Steinbichler was called to join the Managing Board of BAWAG P.S.K., Vienna, to assist in the then ongoing restructuring. In November 2008 he was appointed Chairman of the Managing Board of Kommunalkredit Austria.