He was born in Graz in 1953. He graduated in economics and business at the University of Graz in 1976. He started his career at Citibank Austria in 1977, then held mid and senior/top management positions in Brussels, in Buenos Aires, in Miami and in London. In 1993 he contracted to Raiffeisen Zentralbank, where he pursued a successful career.He was in charge of transaction management for almost 10 years, when he got a position in the Board in 2001. He supervised the organizational processes and IT activities of Raiffeisen International as Chief Operating Officer from 2003. From the 1st of January 2011 he is the CEO of Raiffeisen Bank Hungary.