VBAG´s Executive Board Asked to Resign

People ♦ Published: March 3, 2012; 12:26 ♦ (Vindobona)

Parts of the Volksbanken sector, which hold stakes in VBAG, offer resistance to the management board.

VBAG´s Executive Board Asked to Resign / Picture: © Vindobona.org

After the partial nationalization of VBAG, resistance against VBAG´s management board arises. Especially Volksbanken in Carinthia and Styria claim to change the complete board.

“It was a mistake that after Franz Pinkl again a primary banker entered the top of VBAG.” an insider told to “Kleine Zeitung”. The contract of CEO Gerald Wenzel will not be extended anyway. The…

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