Vienna – surprise at Erste Bank Austria. The head of the institute, Peter Bosek, takes off his hat at the end of the year. He announced that on Friday morning. According to the institute that he is leaving after 24 years, he will step down on December 31, 2020 and step down from the board. Bosek will take over the position of CEO at Luminor Bank in the Baltic States. Until then, he will remain in his current position and, according to the broadcast, will “work with the management and supervisory board teams of both Erste Bank and Erste Group to ensure a smooth transition.” The decision on his successor will be “announced in due course”.