Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board

People ♦ Published: June 5, 2013; 18:16 ♦ (Vindobona)

Liebscher is to take over Ditz’ position after the meeting of bodies on June 21.

Austria: Liebscher as Chairman of Hypo Group’s Supervisory Board / Picture: © Das Rudolfinerhaus

Former Govenor of the Austrian National Bank (OeNB) Klaus Liebscher, head of the state-controlled bank holding enterprise Fimbag, will become the chairman of the supervisory board of crisis-struck bank Hypo Group, according to Austrian newspaper „Kurier“.

Earlier, Liebscher announced not to consider himself a candidate for the succession of resigned Johannes Ditz. After a…