Management

The management of Oberbank has led the company to success by focusing on the essentials. The bank’s outstanding track record for growth and its resilience to crises are achievements that exemplify the sound management of the bank.

 

“A bank that fails to go east will miss out on unique opportunities for growth.” This was the motto during the East European banking boom at the beginning of the 1990s of the last century. The management of Oberbank took an alternative course – despite enormous pressure to justify its decision – and instead went west towards Bavaria in the 1990s.


Especially in the wake of the financial and economic crisis that started in 2008, business activity in Eastern Europe was the cause of massive shortfalls on the balance sheets of many banks. In the meantime, under the management headed by CEO Franz Gasselsberger, Oberbank continued its success story. A bail-out by the government was never a theme for Oberbank. Today, not only Bavaria, but also Thuringia and Hesse are among Oberbank’s profitable foreign markets in addition to the Czech Republic, Hungary and Slovakia – and all of these markets contribute to Oberbank’s strength. Business in Central and Eastern Europe yes, but with a well-thought-out regional strategy and headed by capable management.

“You raise capital when you need it the least” was the principle followed by the management of Oberbank when it reached the decision to carry out three highly successful capital increases in the excellent business years 2015 and 2016.
It was easy to explain this move:

 

  • Continue growth and expansion without constraints
  • Achieve the target CET1 ratio of 16%
  • Outperform regulatory capital requirements

 

Expectations were met 100%. With the third capital increase completed in Q4 2016, the bank placed more than three million new ordinary shares on the market and acquired 700 new shareholders. The free float widened by 10%-points from 26% to 36% through the capital increases of 2015 and 2016, making Oberbank a genuine publicly traded company today.

 

Since 2011, the bank’s Common Equity Tier 1 capital has doubled to over EUR 2 billion (as at 31 Dec. 2016) and the CET1 ratio is among the top ratings for European banks. This is also reflected in the market value of Oberbank, of course. At a market capitalisation of over EUR 2 billion, Oberbank is one of the 20 most valuable companies in WBI index of the Vienna Stock Exchange. The market capitalisation of Oberbank has more than tripled since 2005. Here as well, the bank’s management has exhibited strategic wisdom and secured the sustainable expansion of Oberbank.

 

Members of the Supervisory Board

The Supervisory Board was constituted in May 2014 and consists of 12 elected shareholder representatives and seven staff representatives delegated by the Staff Council.

Supervisory Board

First appointed

Chairman:

Dr. Herta Stockbauer, Klagenfurt

2016

Deputy 

Chairmen:

Dr. Ludwig Andorfer, Linz

Gerhard Burtscher, Innsbruck

2014

2016

Members:

Dr. Wolfgang Eder, Linz

Dr. Barbara Leitl-Staudinger, Linz
DI DDr. h.c. Peter Mitterbauer, Laakirchen

Karl Samstag, Vienna

Dr. Barbara Steger, Schwertberg

Dr. Herbert Walterskirchen, Salzburg

Mag. Dr. Martin Zahlbruckner, Linz

Alfred Leu, Wien

2006

2014

1991

2002

2014

1997

2016

2016

Representatives

of Staff Council:

Wolfgang Pischinger, Chairman of the Central Staff Council, Linz
Alexandra Grabner, Linz

Elfriede Höchtel, Wels

Josef Pesendorfer, Gmunden

Stefan Prohaska, Salzburg
Herbert Skoff, Vienna

1993

 

2014

2007

2001

2013

2011

State Commissioners:

DDr. Marian Wakounig, Vienna, 
State Commissioner 

Edith Wanger, Vienna, 

Deputy State Commissioner

2007

 

2002

 

 

Members of the Management Board

Dr. Franz Gasselsberger, MBA


Photo Haslinger

CEO & Chairman of the Management Board

 

curriculum vitae

Mag. Dr. Josef Weißl, MBA


Photo Haslinger

Member of the Management Board

 

curriculum vitae

Mag. Florian Hagenauer, MBA


Photo Haslinger

Member of the Management Board

curriculum vitae

Organizational Chart of Oberbank

Here you will get to the organizational structure of the Oberbank.