Jacques Ripoll Appointed CEO of Kommunalkredit Austria AG

Kommunalkredit Austria AG's Supervisory Board has appointed Jacques Ripoll as the new Chief Executive Officer. This decision was made during a board meeting on May 19, 2025. Ripoll is set to begin his role on September 1, 2025, with a three-year term. He replaces Dr. Sebastian Firlinger, who temporarily held the CEO position since August 2024. Dr. Firlinger will continue to serve on the Executive Board as Chief Risk Officer (CRO) and Chief Financial Officer (CFO).

This leadership transition marks a significant development for Kommunalkredit Austria AG. Ripoll's appointment as CEO reflects a strategic decision by the Supervisory Board to guide the company through its upcoming phases. Dr. Firlinger's ongoing roles as CRO and CFO suggest a focus on continuity and stability during this transition period.