Former Finance Minister Hartwig Lueger becomes CEO of VIG

At Vienna Insurance Group (VIG), today’s session is set for a new appointment on the Executive Floor. According to this, Executive Vice President Hartwig Lueger, former Finance Minister and short-term advisor to ÖVP and before that President of UNIQA Austria, should become CEO. VIG Board Member Peter Höfinger will be his deputy. The Supervisory Board will discuss this proposal on November 29. The states of Löger and Höfinger will extend from July 1, 2023 to June 30, 2027.

The CEO of the Vienna Insurance Group (VIG), Elisabeth Stadler, announced at the end of August that she would exercise her mandate, which lasts until June 30, 2023, but will not extend it. In a broadcast at the time, VIG called “reaching retirement age in 2021” as the reason.

In January 2021, Luger joined the board of directors of the insurance group included in the Vienna Insurance Group (VIG). From 2011 to November 2017 he was CEO of UNIQA Austria, which belongs to the UNIQA group. Prior to that he worked for Allianz in Styria, 1996/1997 for Grazer Wechselseitiger and from 1997 to 2002 he was Director of Sales at Donau Versicherung.

Among his activities in the insurance sector, Löger made a brief but high-profile foray into politics. In December 2017, Luger was appointed Minister of Finance by then-Chancellor Sebastian Kurz (ÖVP). He held the position until May 2019. After a motion of no confidence in Kurz’s government, he served as Vice Chancellor for a week during the government reshuffle and then Chancellor for another week until the transitional government was sworn in under Brigitte Berlin.