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Vienna Insurance Group

EANS-Adhoc: Vienna Insurance Group expands its Group Managing Board

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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Board of Directors (Appointments and Changes)
08.09.2015


In its meeting today, the Supervisory Board of Vienna Insurance Group AG Wiener
Versicherung Gruppe decided to expand its Managing Board. 

With effect from 1 January 2016, Judit Havasi and Roland Gröll will be appointed
to the Managing Board. Also with effect from 1 January 2016, Elisabeth Stadler
and Gábor Lehel will be appointed as Deputy Members of the Managing Board. As
with current Board Members, the term of the appointments will be until 30 June
2018.

Judit Havasi has worked for the Group since 2000. She began as an internal audit
employee in UNION Biztosító, and became the head of this department in 2003.
Before her appointment to the Managing Board of Wiener Städtische Versicherung
in 2009, Judit Havasi was a Member of the Wiener Städtische Austria Committee in
Vienna Insurance Group and a Member of the Managing Board of UNION Biztosító in
Hungary. She has been Deputy General Manager of Wiener Städtische Versicherung
since 2013. In addition, since 2011, she has also been a Deputy Member of Vienna
Insurance Group's Managing Board.

Roland Gröll studied at the Vienna University of Economics and Business and
joined Wiener Städtische Versicherung in 1994 in the area of Finance and
Accounting. In 2003, he became Deputy Head of Finance and Accounting, a
department which he has been leading for the Group since 2008 until now. In
addition, Roland Gröll is active in Supervisory Boards of Group companies of
Vienna Insurance Group.

Elisabeth Stadler, who since September 2014 has been the General Manager of
Donau Versicherung, studied actuarial mathematics at the Vienna University of
Technology and has made a career in the Austrian insurance industry as a Member
and Chairwoman of Managing Boards. In May 2014, Elisabeth Stadler was awarded
the title of 'Professor' for her services to the insurance industry by Federal
Minister Gabriele Heinisch-Hosek.

Gábor Lehel, General Manager of UNION Biztosító, joined Vienna Insurance Group
in 2003 as an employee of the General Secretariat. In 2005, he set-up the Group
Controlling, before being appointed as Head of the General Secretariat in 2006.
Gábor Lehel has been a Member of the UNION Biztosító Managing Board since 2008.
He studied business management with an emphasis on finance in Tatabánya and
Budapest. 

 
The Vienna Insurance Group Managing Board will consist of the following Members
as of 1 January 2016:
-) General Manager Peter Hagen (CEO)
-) Martin Simhandl, CFO
-) Franz Fuchs
-) Roland Gröll
-) Judit Havasi
-) Peter Höfinger

From 1 January 2016, Deputy Members for the Managing Board will be:
-) Martin Diviš, MBA
-) Gabor Lehel
-) Elisabeth Stadler

The following securities of VIG are admitted for trading on a regulated market:


Issue title                       ISIN                Trading segment
Aktie                             AT0000908504     Vienna and Prague Stock
Exchange, Official Market

VIG nachrang. Anl. 15             AT0000A1D5E1     Luxembourg Stock Exchange,
Second Regulated Market

VIG nachrang. Schuldv.13-43       AT0000A12GN0     Vienna Stock Exchange, Second
Regulated Market

Wr.Staedt. Hybridkap-Anl. 08      AT0000A09SA8     Vienna Stock Exchange, Second
Regulated Market


Wr.Staedt.Vers. EK-Anl. 05-22     AT0000342696     Vienna Stock Exchange,
Official Market

Wr.Staedt.Vers. var EK-Anl. 05    AT0000342704     Vienna Stock Exchange,
Official Market


Further inquiry note:
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Wien, Schottenring 30

Alexander Jedlicka
Leiterin Public Relations
Tel.: +43 (0)50 390-21029
Fax: +43 (0)50 390 99-21029
E-Mail:  alexander.jedlicka@vig.com

Nina Higatzberger
Leiterin Investor Relations
Tel.: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail:  nina.higatzberger@vig.com

end of announcement                               euro adhoc 
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issuer:      Vienna Insurance Group
             Schottenring 30
             A-1010 Wien
phone:       +43(0)50 390-21919
FAX:         +43(0)50 390 99-23303
mail:         investor.relations@vig.com 
WWW:      www.vig.com
sector:      Insurance
ISIN:        AT0000908504
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien, stock market: Prague Stock Exchange 
language:   English

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