Alfred Lehner (Manager)

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Alfred Lehner (* 1936 in Schwarzenbach an der Saale ) is a German bank manager and former president of TSV 1860 Munich .

Career

Lehner began his career as a savings bank employee. In 1977 he became CEO of Münchner Stadtsparkasse and seven years later a member of the Board of Management of Bayerische Landesbank (BayernLB).

He started at TSV 1860 Munich in 1983 as a member of the administrative advisory board, and since 2003 he has been chairman of the supervisory board. From March 2006 to March 28, 2007 Lehner was President of TSV 1860 Munich.

In March 1997 a financial crisis began in Thailand; it spread to several Asian countries (" Asian crisis ") known. Bayerische Landesbank lost around 1.3 billion DM in the process. Nonetheless, Lehner, who was then head of Asia at the bank, rose to become CEO of BayernLB in March 1998. In August 1999 it became known that around 800 million of the 1.3 billion DM were lost because the Singapore branch extended loans and in the process lent 100 percent of the shares - apparently worthless. The responsible head of the board of directors was Erwin Huber .

In 2000, further deficiencies in the Singapore branch became known; Bavaria's Finance Minister Kurt Faltlhauser urged Lehner to resign. In February 2001 it became public knowledge that the Federal Banking Supervisory Office threatened to dismiss Lehner if he did not resign voluntarily. The office accused him of a lack of professional aptitude. Lehner, who wanted to stay in office until November 2001, announced his early resignation on May 31, 2001. Werner Schmidt was his successor . Investigations by the public prosecutor's office for breach of trust were closed after Lehner had paid 45,000 euros.

The media company Leo Kirch received (after HypoVereinsbank refused - due to insufficient collateral) a loan of around 1.6 billion dollars from BayernLB in order to be able to enter the Formula 1 racing series. In February 2001, Kirch received the approval from BayernLB. At first the board agreed; then also the lending committee (including seven Bavarian ministers).

Individual evidence

  1. ↑ Bayerische Landesbank as a gambling den . In: Der Spiegel . August 7, 1999 ( spiegel.de [accessed January 1, 2014]).
  2. ↑ Consequences required . In: Der Spiegel . No. 29 , 2000 ( spiegel.de [accessed January 1, 2014]).
  3. ↑ Banking supervision urged Lehner to resign . In: Der Spiegel . No. 6 , 2001 ( spiegel.de [accessed January 1, 2014]).
  4. ^ A b Bayerische Landesbank: In all friendship . In: Focus . May 5, 2003 ( focus.de [accessed on January 1, 2014]).
personal data
SURNAME Lehner, Alfred
BRIEF DESCRIPTION German bank manager and former president of TSV 1860 Munich
DATE OF BIRTH 1936
PLACE OF BIRTH Schwarzenbach on the Saale