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Investkredit and ÖVAG: As Of Now, They Have a Common Board
People ♦
Published: September 15, 2010; 14:44 ♦ (Vindobona)
In addition to CEO Gerald Wenzel, Wolfgang Perdich, Martin Fuchsbauer and Michael Mendel are also members of the common board. The merger of both financial institutions is to take place in early 2011.
On the way to bringing together ÖVAG and Investkredit, a joint board is being installed, as was already announced in early August.
The Austrian Volksbanken AG informed that the board of Investkredit had decided this on Tuesday.
Merger in the first half of 2011
So far, four board members for ÖVAG and four for Investkredit (with an staff-overlap) were responsible;…
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