10 augustus 2011
Andreas Witzani appointed as new managing director of Raiffeisen International Fund Advisory

Since 1 August 2011, Andreas Witzani, MSc (45) has been a member of the management board of Raiffeisen International Fund Advisory (RIFA), a subsidiary of Raiffeisen Capital Management. “With the appointment of Andreas Witzani, we were able to take a very important step forward in reinforcing our international and institutional business activity, which we expect to have great potential for the future development of Raiffeisen Capital Management,” explained Gerhard Aigner, Managing Director of Raiffeisen Capital Management, who is also the head of the sales unit RIFA.

In his new position, Mr. Witzani will be responsible for coordinating the international (excl. Central and Eastern Europe) and institutional business operations of Raiffeisen Capital Management. As a trained business economist, he has over 20 years of relevant professional experience, of which more than 10 years in managerial positions at Volksbanken KAG. Until recently, he was a board member at IMMO KAG, a subsidiary of Volksbanken KAG. His professional career started in 1981 in the research department of Erste Invest Consult. Along with excellent capital market expertise, he also has wide-ranging experience in the fields of sales and marketing, as well as organisational and process management.

Raiffeisen Capital Management, Austria’s market leader in the investment fund business, currently manages assets of EUR 31.2 bn, of which EUR 21 bn is managed by RIFA for institutional and international customers.

The sales unit RIFA underwent an intensive strategy streamlining process last year to optimise the company’s procedures and organisation, implementation of which started at the beginning of the year. “With Mr. Witzani, we clearly have someone on board who fits in perfectly with the corporate culture of our group, thanks to his wide-ranging skills and abilities, and who can make a significant contribution in helping us achieve our ambitious goals,” concluded Gerhard Aigner.