National Bank has appointed Markus Guthoff as a member of the management board, effective 1 September 2018 for a period of five years until 31 August 2023.
Guthoff, who joined the bank as chief representative on 1 March 2017, will initially assume responsibility for corporate banking and international markets as well as banking operations.
Georg Schachner, who has been a member of the executive board since 2016, will retire at the end of 2018 in accordance with his life plan. Most recently, Schachner was responsible for retail and corporate banking as well as banking operations.
Upon the retirement of Schachner, the board of management will be replaced by Thomas A. Lange, chairman (back office) and Guthoff (market).