Erich Manhardt

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Erich Manhardt (born October 16, 1902 in Vienna ; † August 4, 1973 ) was an Austrian bank manager .

For decades he was chairman of the credit control commission and later the ERP credit commission.

In the commercial credit cooperative sector, shortly after the Second World War, he was chairman of the board of directors for more than a quarter of a century and later also general director of the Österreichische Volksbanken-Aktiengesellschaft and a member of the board of directors of the Austrian cooperative association .

He also acted for a time as a member of the board and later as chairman of the supervisory board of Bausparkasse Wüstenrot .

Life and education

Erich Manhardt, Edler von Mannstein, was born the son of a court official in Vienna and spent his childhood and youth there. After graduating with distinction, he attended the high school graduate course at the University for World Trade and supplemented this training with legal studies .

Professional activities

From 1922 he trained in all areas of banking at the Schelhammer & Schattera bank , where he was appointed collective authorized signatory in 1933 .

In 1945, the war events led him to the alternative point of his bank in Vöcklabruck by order of the authorities, where at the end of April he was conscripted and entrusted with the management of the Volksbank Vöcklabruck. In 1946 he left his previous employer and from this point on he employed his workforce for commercial credit unions in Austria.

Karl Lakowitsch , who was entrusted with the administration of the Zentralgenossenschaftskasse in Vienna (later ÖVAG), appointed Manhardt as head of the Zentralgenossenschaftskasse on February 1, 1947, where he was elected full-time board member and chairman of the board in May 1948 and this function until the end of 1972 exercised.

Under his leadership, the Österreichische Zentralgenossenschaftskasse was renamed the Central Bank of the Volksbanks Österreichs in 1955, and in the late 1960s, preparations were made to convert it into a stock corporation, which was only realized after his death.

He worked in the bank and also on a public mandate to rebuild Austria's economy and reorganize currency relations. In 1951 he was appointed a member of the credit steering commission by the Austrian federal government and was then chairman of the committee from 1953 to 1962. In the successor organization, the ERP credit commission, he was chairman until 1970 and then deputy chairman.

As a recognized banking specialist, he was appointed to the board of the Austrian Banking Society and as an arbitrator of the Vienna Stock Exchange .

In the Money, Credit, Insurance Section of the Federal Chamber of Commerce, as head of the professional association, he protected the interests of commercial credit cooperatives in Austria, and as a member of the Comité Central of the Confédération Internationale du Crédit Populaire (today CIBP ) he represented the Austrian Volksbanks in the international community of Volksbanks .

Manhardt performed numerous functions as a member of the management board and supervisory board:

  • Chairman of the Board of Directors and later General Director of the Austrian Central Cooperative Fund (from 1955 the central bank of the Austrian Volksbanks)
  • Member of the board and later chairman of the supervisory board of Bausparkasse Wüstenrot
  • Board member of Apell-Kunden-Loan
  • Board member of Volksbank Wien-Mitte
  • Member of the board of the Gewerbe- und Handelsbank AG in Vienna
  • Member of the board of the delivery company of Kleidermacher AG
  • Member of the supervisory board of Genossenschaftliche Zentralbank AG
  • Member of the Supervisory Board of the Society for the Promotion of Medium-Sized Enterprises in the Commercial Industry
  • Member of the Supervisory Board of the Vienna Cooperative Bank
  • Member of the supervisory board of the Austrian People's Housing Association
  • Member of the supervisory board of the credit union for traders
  • Member of the supervisory board of Volksbank Salzburg
  • Member of the supervisory board of Volksbank St. Pölten.

Awards

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  • In Memoriam KR Erich Manhardt , Die Gewerbliche Genossenschaft, Organ of the Austrian Cooperative Association, No. 8, Vienna September 1973, Volume 18 (85), pp. 835ff