Bernhard Spalt has been a Member of the Board of ERSTE Foundation since 2012 and its Chair since 2016. He has been working for Erste Group since 1991 and has held various management positions in operational and strategic risk management over many years; from 1999 to 2002 he was in charge of bad loan management in the Czech Republic. After his return to Austria, he built up the group’s Corporate Risk Management division and from 2006 to January 2012 he was Chief Risk Officer for Erste Group Bank. He was responsible for risk management as a Board Member of Erste Bank Hungary from 2012 to 2015. Since 2015, he holds this function in the board of Banca Comercială Română (BCR).