VBV Pensionskasse, the €10bn pension fund of Austria’s VBV Group, has appointed Christian Reiss as chair of the executive board as part of a wider management restructuring.
Reiss will assume responsibility for corporate management, customers and sales, marketing and communications, digitalisation, and business development, according to a statement from VBV.
He succeeds Günther Schiendl, who also serves as a board member of VBV Holding and will leave the group at the end of 2026.
VBV said it will not renew Schiendl’s contract following its decision to merge the investment departments of VBV Pensionskasse and its Vorsorgekasse, which together manage €18bn in assets.
As part of the management restructuring, Michaela Attermeyer and Martin Vörös have been appointed to the executive board of VBV Pensionskasse alongside their existing roles within the VBV Group.
Attermeyer will be responsible for asset allocation, while Vörös will oversee finance, risk management and information security.
Chief operating officer Ronald Laszlo will continue to be responsible for core operational areas, IT, digitalisation and pension services.
VBV Group said the changes form part of a generational transition in senior management aimed at supporting its long-term strategic objectives.
“In doing so, we ensure that our company’s successful development continues to build on continuity and experience while also incorporating fresh perspectives,” said group chief executive officer Andreas Zakostelsky.
Reiss said the new executive board would drive “key initiatives to reshape and modernise” VBV.
“Our goal is to further expand our market leadership, consistently advance innovation, and position VBV even more strongly for the future – in the interest of our customers,” Reiss added.
