Hartwig Löger facts for kids

Quick facts for kids Hartwig Löger
Löger in 2017
Vice-Chancellor of Austria
In office 22 May 2019 – 28 May 2019
Chancellor	Sebastian Kurz
Preceded by	Heinz-Christian Strache
Succeeded by	Clemens Jabloner
Minister of Finance
In office 18 December 2017 – 3 June 2019
Chancellor	Sebastian Kurz
Preceded by	Hans Jörg Schelling
Succeeded by	Eduard Müller
Personal details
Born	(1965-07-15) 15 July 1965 (age 59) Selzthal, Styria, Austria
Political party	People's Party
Alma mater	Vienna University of Economics and Business University of St. Gallen
Website

Hartwig Löger (born 15 July 1965) is an Austrian politician and former business leader. He was the Minister of Finance for Austria from 2017 to 2019. Before that, he was the chief executive officer (CEO) of UNIQA Austria, a big insurance company, from 2011 to 2017.

In May 2019, he became the Vice Chancellor. A few days later, he was sworn in as the acting Chancellor. This happened after the government faced a vote of no confidence, which meant many politicians no longer supported the cabinet. He served as acting Chancellor until June 3, 2019.

Early Life and Education

Hartwig Löger was born in Selzthal, a town in Styria, Austria. He finished high school in 1983 at the Stiftsgymnasium Admont.

He first wanted to become a pilot. He started training with the Austrian Army and passed the pilot entrance exam. However, a knee injury stopped him from continuing this dream. Because of this, he ended up working in the insurance business.

In 1987 and 1988, he studied insurance economics at the Vienna University of Economics and Business. Later, from 1999 to 2001, he completed an international management course at the University of St. Gallen in Switzerland.

Career in Business

From 1985 to 1989, Löger worked as an adviser for an insurance company. After that, he joined Allianz, another large insurance company, where he was a sales manager in the Styria region until 1996.

He then worked for Grazer Wechselseitige and Donau Versicherung AG as a sales manager until 2002. From 2002 to 2017, he worked for the Uniqa Insurance Group. He started as a managing director and later became the head of sales. In 2011, he became the chief executive officer (CEO) of UNIQA Austria. He left this role in December 2017.

From 2014 to 2018, Löger was the president of the Sports Union, an organization that supports sports. Since 2011, he has also been involved with the Business Union of the People's Party in Vienna.

Political Career

Hartwig Löger became the Minister of Finance in the government led by Chancellor Sebastian Kurz. He was chosen for this important job by the People's Party.

Since January 2018, Löger has also been part of a special committee. This committee helps decide who should be on the supervisory boards of companies that the Austrian government partly owns.

Other Activities

Hartwig Löger has also been involved in several important organizations:

European Union Organizations

• European Investment Bank (EIB): He was a member of the Board of Governors from 2018 to 2019. This bank helps fund projects in Europe.
• European Stability Mechanism (ESM): He was a member of the Board of Governors from 2018 to 2019. This organization helps countries in the Eurozone if they have financial problems.

International Organizations

• Asian Development Bank (ADB): He was a member of the Board of Governors from 2018 to 2019. This bank helps countries in Asia develop.
• Asian Infrastructure Investment Bank (AIIB): He was a member of the Board of Governors from 2018 to 2019. This bank focuses on building infrastructure in Asia.
• European Bank for Reconstruction and Development (EBRD): He was a member of the Board of Governors from 2018 to 2019. This bank helps countries in Eastern Europe and Central Asia.
• Inter-American Investment Corporation (IIC): He was a member of the Board of Governors from 2018 to 2019. This organization supports businesses in Latin America and the Caribbean.
• Multilateral Investment Guarantee Agency (MIGA), World Bank Group: He was a member of the Board of Governors from 2018 to 2019. MIGA helps encourage investments in developing countries.
• World Bank: He was a member of the Board of Governors from 2018 to 2019. The World Bank helps reduce poverty and supports development worldwide.

Non-Profit Organizations

• Kunsthistorisches Museum: He is the President of the Circle of Friends for this famous art museum in Vienna.
• KURIER Aid Austria: He is the Vice President of this organization, which helps people in Austria.
• Verband der Versicherungsunternehmen Österreichs (VVO): He is the Vice President of this association for insurance companies in Austria.

Personal Life

Hartwig Löger is married and has two children. He lives in Vienna, Austria.