VIG: Supervisory Board Adopts Changes of Group Managing Board

People ♦ Published: March 31, 2011; 00:03 ♦ (Vindobona)

Günter Geyer, 67, will resign as Chairman of the Managing Board of the listed Vienna Insurance Group AG with effect 31 May 2012.

VIG: Supervisory Board Adopts Changes of Group Managing Board / Picture: © Vindobona.org

Subsequently, Mr. Geyer will focus on strategic issues from the perspective of the main shareholder and chair Supervisory Boards of Group companies such as Wiener Städtische Versicherung, Donau Versicherung, s Versicherung and Kooperativa.

With reference to the corporate governance rules, Mr. Geyer excludes the possibility of becoming a member of the Supervisory Board of Vienna…