Volksbank Kärnten: Digitalization and board change in focus!

Volksbank Kärnten: Digitalization and board change in focus!

In its current annual report, Volksbank Kärnten announced an impressive business volume of 3.1 billion euros. This includes customer loans worth 1,230 million euros, primary deposits of 1,450 million euros and a securities volume of 426 million euros. These figures demonstrate the solid economic basis of the bank, which is on a growth path under the leadership of CEO Johannes Jelenik. “Personal advice remains the most important sales channel, but digitalization is becoming increasingly relevant,” said Jelenik at a press conference. This statement illustrates the bank's strategic focus on modern technologies that are intended to increase customer loyalty and efficiency BVR reported.

Digitalization and succession planning

Another important point in Volksbank's future planning is the upcoming successor to Johannes Jelenik. After more than 25 years on the board, he will retire in December 2025. The first steps for succession were already taken at the last supervisory board meeting. From January 1, 2026, a new board of directors will direct the bank's fortunes together with Alfred Holzer. The advertisement for this key position will be announced shortly, which is a sign of the bank's continued development and stability. In addition, the BVR emphasizes in a current paper that the digitalization of the euro also offers new opportunities for financial institutions that must be used in order to survive in international competition.