What changed
Michael A. Ericson will conclude his tenure as President and Chief Executive Officer effective December 31, 2026, after more than 20 years of service. The Board appointed Virxhini Gjonzeneli, Executive Vice President, Chief Financial Officer, and Group Head, Financial Accounting and Markets, as interim President and CEO effective January 1, 2027. Gjonzeneli has served as CFO since 2023 and has been with the Bank for 23 years. The Board is initiating a comprehensive search for a permanent President and CEO.
Why it matters
Michael A. Ericson will conclude his tenure as President and Chief Executive Officer effective December 31, 2026, after more than 20 years of service. The Board appointed Virxhini Gjonzeneli, Executiv