The Power of Trust

Facilitating Inter- and Transcultural Performance and Efficiency in Connected Banking Systems

Symposion / Group Executive Committee Meeting

Erste University, Erste Group Bank AG

Vienna, Austria, 10 September 2008

Photo © Andreas Bruckner,

Dr. Hans Koechler, Professor of Philosophy at the University of Innsbruck, Austria (front, third from right), and Dr. Margit Osterloh, Professor at the  Institute for Organization and Administrative Science, University of Zurich, Switzerland (second from right), with directors of Erste University, members of the Management Board of Erste Group, and managers of Erste Bank affiliates in Austria, Croatia, the Czech Republic, Hungary, Romania, Serbia, Slovakia, and Ukraine.

Top, center: Mag. Andreas Treichl, Chairman of the Management Board of Erste Bank Group; first from right: Mr. Andreas Müller, Head of Erste University; first from left: Mr. Sava Dalbokov, CEO of Erste Bank Serbia; third from left: Mr. Dominic Bruynseels, CEO of Banca Comerciala Romana S.A. First row, from left: Ms. Elisabeth Bleyleben-Koren, CEO of Erste Bank Austria; Ms. Edit Papp, CEO of Erste Bank Hungary; Mag. Regina Ovesny Straka, CEO of Erste Bank Slovakia; Mr. Tomislav Vuić, Deputy Chairman of the Management Board, Erste Bank Croatia; first from right: Ms. Valérie Mauritz-Dulot, Erste University. Second row: Mr. Andrey Rozhok, CEO of JSC Erste Bank (Ukraine); third from left: Mr. Gernot Mittendorfer, CEO of Česka spořitelna (Czech Republic).

Hans Köchler, The Role of Trust in Multinational Financial Institutions: An Intercultural Business Model for Europe