Raiffeisen Bank International AG said that it set up a new division, active credit management, as of March 1. Active credit management will coordinate all securitization activities of RBI's own assets.

The company appointed Oliver Fürst head of division. For the past 24 years, Fürst has been working for different banks in Vienna, London, Munich and Luxembourg. He also spent eight years leading the securitization activities of State Street Bank & Trust in Europe.