Georg Kaltenbrunner to step down as Luminor’s Chief Risk Officer

Luminor has announced that Dr Georg Kaltenbrunner will step down from the Management Board and will leave Luminor as of 31 October 2023, to return home to Sweden with his family. His replacement will be announced in due course.

Peter Bosek, Luminor Chief Executive, said:
‘Since joining Luminor in 2019, Georg has been a valued member of the Management Board and played an important role in developing Luminor’s risk management, a key element of our strategy to become the leading bank in the Baltics.

‘I thank Georg for his contribution to Luminor during his time with us. He leaves with my very best wishes for the future.

Georg Kaltenbrunner added: 
‘It has been a privilege to have lived in the Baltics and lead Luminor’s Risk Division for the past four years. I am proud of the hard work and progress made by the team during this time, and especially how well we managed through COVID-19, and continue to manage the impact of the war in Ukraine. I look forward to following Luminor’s continued success story.