Economy & Politics

Yves Biewer at the helm of Banque Raiffeisen

After nine years as chairman of the board of directors of the banking institution, Ernest Cravatte will hand over the baton on November 1 to Guy Hoffmann. By a cascade effect, the latter will be replaced by Yves Biewer as Chairman of the Management Committee.

After nine years as chairman of the board of directors of the banking institution, Ernest Cravatte will hand over the baton on November 1 to Guy Hoffmann. By a cascade effect, the latter will be replaced by Yves Biewer as Chairman of the Management Committee.

(JFC) – Cascading upheaval within the management of Banque Raiffeisen: Yves biewer will become in ten days the new CEO of the institution, where he will succeed Guy Hoffmann, himself “transferred” to the presidency of the board of directors, where Etienne Cravatte, aged 71, announced his resignation on Wednesday. A position that the latter had held for nine years.

Ernest Cravatte.

Photo: Raiffeisen

At 57, Yves Biewer therefore took control of Banque Raiffeisen seven years after having joined it. He had previously held various positions within Banque Internationale à Luxembourg, UBS and the Dexia Luxembourg group. In 2015, he was appointed to the Bank’s Management Committee, in particular in charge of commercial activities. Resigned, Ernest Cravatte evokes “changes in continuity”, in a press release published on Thursday by Banque Raiffeisen.


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