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Wilhelm Molterer, Managing Director

On the basis of a nomination from the Republic of Austria, by common accord with the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Finland and the Kingdom of Sweden, the Board of Directors decided on 12 April 2011 to submit the candidature of Mr Wilhelm Molterer to the Board of Governors for the post of Vice President and Member of the Management Committee, to succeed Ms Eva SREJBER, who had tendered her resignation with effect from 1 July 2011.

The written procedure inviting the Board of Governors to vote on this proposal was launched on 14 April 2011.

The decision to appoint Mr Wilhelm Molterer was taken on 16 May 2011, the date on which the requisite majority of votes was reached. Mr Wilhelm Molterer has therefore been appointed as Vice President and Member of the Management Committee, taking up his post with effect from 1 July 2011. The Board of Governors also conferred the title of Honorary Vice President on Ms Eva Srejber.