Franz Pinkl

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Franz Pinkl (born March 19, 1956 in Ternitz ) is an Austrian bank manager .

Professional background

Pinkl joined in 1973 after attending the trade school in Wiener Neustadt in the People's Bank South of Lower Austria, registered cooperative with limited liability, Wiener Neustadt, and graduated from the bank training, which he completed with the Management examination 1,982th

In 1983 he was granted the power of attorney and from 1991 to January 2004 he was a member of the management and deputy chairman of the board of the Volksbank. In 1998 he was elected to the supervisory board of Österreichische Volksbanken-Aktiengesellschaft , Vienna , and from May 29, 2002 he was its chairman.

On February 1, 2004, Pinkl was appointed Chairman of the Management Board of Österreichische Volksbanken-Aktiengesellschaft and he held this position until April 30, 2009.

During his term of office, in 2005, the listed Investkredit Bank AG was acquired by Österreichische Volksbanken-Aktiengesellschaft and on November 3, 2008, the emergency nationalization of Kommunalkredit Austria AG , Vienna, which was part of the acquisition of Investkredit Bank AG .

On June 1, 2009, Pinkl was appointed General Director of Hypo Group Alpe Adria , Klagenfurt . Through the emergency nationalization aimed at by Pinkl on December 14th, 2009 the solvency of the bank could be preserved and the state of Carinthia saved from bankruptcy. However, at the end of 2009, Pinkl allegedly failed to inform the supervisory board of Hypo und Hypo-Kontrollore about an emergency credit line from BayernLB amounting to EUR 500 million. If this was the case, it may have led to an incorrect risk assessment by Austrian officials, which was expensive for the republic. The Klagenfurt public prosecutor's office is also investigating Michael Kemmer (then BayernLB boss), Stefan Ermisch, Ralph Schmidt and another Bayern banker.

The board positions were advertised by the new owner in February 2010 and Pinkl has declared that he will no longer apply for the position of CEO at the bank. For these 10 months of service he was entitled to 2.9 million euros. After tough poker, supervisory board chairman Johannes Ditz (ÖVP) agreed with him on 1.875 million euros severance pay. State party chairman Stefan Petzner (BZÖ) then filed a complaint on the basis of the Stock Corporation Act on suspicion of breach of trust against the supervisory board of Hypo Group Alpe Adria - which Pinkl did not belong to - and thus prevented the severance payment from being paid. In a police report in mid-2014, Pinkl was suspected of manipulating the balance sheet and grossly negligent damage to the interests of creditors. Pinkl rejected this. On April 5, 2018, Pinkl and all the other defendants were acquitted by the Klagenfurt Regional Court. The public prosecutor appealed against the judgment, which is therefore not final.

Web links

Individual evidence

  1. ^ Kurier Online - Haider's role in the Hypo-Krimi ( Memento from April 20, 2010 in the Internet Archive )
  2. ^ Hypo-nationalization: Bayern-Banker not off the hook , online version of the daily newspaper Der Standard , Vienna, 7 January 2016
  3. ↑ Format online, severance payments worth millions for Hypo bosses are scandalous - also for the state ( Memento from August 1, 2012 in the web archive archive.today )
  4. ^ [1] derstandard.at, scandal about severance payment for Hypo boss
  5. ^ [2] Kleine Zeitung, Pinkl's clearance is still on hold
  6. ↑ [3] OTS-APA, broadcast OTS0092 from June 7, 2010
  7. ↑ [4] derstandard.at: Soko Hypo: BayernLB planned emergency nationalization
  8. ↑ derstandard.at: Hypo trial against ex-boss Pinkl and Co ends with acquittals ( Memento from April 5, 2018 in the web archive archive.today )
personal data
SURNAME Pinkl, Franz
BRIEF DESCRIPTION Austrian banker
DATE OF BIRTH March 19, 1956
PLACE OF BIRTH Ternitz