Porsche Finance Group announces, in a press release, Alexander Nekolar took over as CEO, replacing Kurt Leitner. Before acceding to this office, Nekolar held the CFO position within Porsche Finance Group, working in the same team as Leitner. The change in management comes after Kurt Leitner ran his four-year-term in Bucharest and will move on to a position within a company owned by the Porsche group in Greece. Before joining the company in 2008 as CFO, Alexander Philip-Nekolar (37) worked for three years within the Porsche Bank Group in Vienna. During the three years he acted as CFO of Porsche Finance Group, Nekolar supervised all the financial operations of the company, directly coordinating the group’s banking and insurance divisions.