Hypo Tirol Regroups

People ♦ Published: November 16, 2010; 11:37 ♦ (Vindobona)

The Tyrolean Hypo Bank AG is planning a new market direction, staff restructuring and financial consolidation.

The Chairman of the Supervisory Board of Hypo Tirol Bank AG, Wilfried Stauder, who also assumes the function of an ÖVP member of the provincial parliament, announced a "strategic realignment" with the new Chairman of the Board, Markus Jochum, who acted previously as Chairman of the Board of the Tiroler Sparkasse, a subsidiary of the Erste Group.

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