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45

Management report

Innsbruck, 22 February 2016

The management board of Raiffeisen-Landesbank Tirol AG

Reinhard Mayr

Thomas Wass

Management board chairman

Management board member

chairman on 1 April, Thomas Wass was likewise appointed unan-

imously. The three management board members are remaining

true to the proven Raiffeisen principles: personal closeness to and

close relationships with customers; responsibility with regard to

our customers and our home region; active commitment to the re-

gion; the cooperative business model and decentralised organisa-

tion; and the strength that solidarity generates.

Far-sighted strengthening of corporate culture

As well as a clear strategy, the most important factor in our sus-

tained success is our workforce. As one of Tyrol’s most attractive

employers, we attach great importance to high-quality vocational

training and ongoing education and offer individual career paths.

As regards the training of young people, we are continuing with

our successful apprenticeship programme. Quality of leadership

is particularly important to us. In a culture of open communication,

we put our faith in honest feedback, joint decision-making and a

transparently defined performance aspiration. This strengthens our

internal and external competitiveness.

We are going to continue along our chosen

path

Raiffeisen-Landesbank Tirol AG, the leading institution in the Raif-

feisen Banking Group Tyrol, will retain its market leadership in 2016

in conjunction with the Tyrolean Raiffeisen banks and further en-

hance its clear position as the number one in Tyrol.