Vienna Insurance Group AG

12/01/2020 | Press release | Distributed by Public on 12/01/2020 05:27

Hartwig Löger appointed to Managing Board of Vienna Insurance Group as of January 2021

On 1 December 2020, the Supervisory Board of Vienna Insurance Group (Wiener Versicherung Gruppe) chaired by Günter Geyer appointed Hartwig Löger to the Group's Managing Board for the period from 1st January 2021 to 30th June 2023.

'From January 2021, our Group will be able to call fully on Hartwig Löger's exceptionally detailed knowledge of the insurance industry and his outstanding managerial skills. I met Hartwig Löger and came to appreciate his qualities during our time together at Donau Versicherung. Therefore, I am all the more pleased that he can now play a part in shaping VIG's future strategic positioning in Central and Eastern Europe as a member of the Managing Board,' explains Günter Geyer, Chairman of the Vienna Insurance Group's Supervisory Board.

Born in Styria, Hartwig Löger began his career in the insurance industry in 1985 as a broker. After completing a continuing education course in insurance economics at the Vienna University of Economics and Business, he became head of sales at Allianz in Styria in 1989. He was responsible for sales at Donau Versicherung from 1997 until 2002. After this, he held a number of senior management positions at the UNIQA Group, ultimately as managing board chairman at UNIQA Österreich AG until the end of November 2017. He served as Austrian Finance Minister from December 2017 to June 2019.

Since July 2019, he has been managing partner at V.I.P. Consulting, and has provided services to VIG under a consultancy agreement with Wiener Städtische Versicherungsverein, the main shareholder of the Vienna Insurance Group. 'As part of this consultancy agreement, Hartwig Löger is already supporting the deliberations on our strategy for the next five years. In this process, we have benefited from his 35 years of experience in insurance and his knowledge of the CEE region. I very much welcome the fact that he will be putting all his expertise to work for the VIG Group from January 2021 onwards,' comments VIG CEO Elisabeth Stadler.