Jan. 2 (Bloomberg) -- Burkhard Hofer has been named head of the supervisory board at Hypo NOE Gruppe Bank AG, the St. Poelten, Austria-based bank said in an e-mailed statement today.
Hofer, 67, who served as vice chairman of the board, succeeds Herbert Fichta, 68, who announced in October he would step down at the end of the 2011, the company said. Michael Lentsch, 44, a member of the board, will become vice chairman, the company said in the statement.
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