In almost six weeks, Reinhard Schwendtbauer takes over the head chair in the Raiffeisenlandsebank Upper Austria by Heinrich Schaller. And the change at the top throws all its shadows at the forefront. The conversion of the board was also determined on Thursday and a new member was ordered.
In the end it was no longer a surprise because the rumor mill in the rumor mill had grown: Gerald Aichhorn (49), currently still director of the housing company WAG with around 46,000 units managed, becomes the new member of the Raiffeisenlandebank Oberösterreich. Aichhorn takes over the management of the extensive participation portfolio, for which Reinhard Schwendtbauer is currently responsible.
“We are very pleased to strengthen the board for leadership, which not only entails competence in the financial and real estate sector, but also in-depth knowledge of the Raiffeisenland-Oberjsterreich Group’s business model,” emphasizes supervisory chairman of the board Volkmar Angermar Angermar.
Schwendtbauer is the new CEO of Linz from Linz from 1 May. Also resolved since Thursday: With this day, Stefan Sandberger also takes responsibility for the business customer activities and from that moment also works in the position of the deputy general manager. Michaela Keplinger-Mitterhner also remains substitute general manager.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.