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Easy Money Policy: Free Money for All or Necessary Safety Net?

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Elisabeth-Herz-Kremenak-Saal
Plenary / Keynote & Panel
german language

Cheap money is said to give governments air to breathe to conduct necessary reforms. These reforms are still missing, tough. Can low interest rates live up to their promise? How long can the business model of banks and insurance companies survive in such a climate?

Governor, OeNB - Oesterreichische Nationalbank, Vienna Key Note
Chief Executive Officer, Raiffeisenlandesbank Niederösterreich-Wien AG / Raiffeisen-Holding Niederösterreich-Wien, Vienna
Vice Rector, Research; Professor of Banking and Finance, Institute for Finance, Banking and Insurance, WU (Vienna University of Economics and Business), Vienna
Chairman and Chief Executive Officer, Erste Bank der oesterreichischen Sparkassen AG, Vienna
Deputy General Secretary, Union of Private Sector Employees, Vienna Chair

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    Dr. Ewald NOWOTNY

    Governor, OeNB - Oesterreichische Nationalbank, Vienna

    1968-1973 Assistant to Kurt W. Rothschild, Institute for General Economics and Public Economics, Johannes Kepler University, Linz
    1972-1973 ACSL Fellow, Department of Economics, Harvard University, Cambridge
    1973 Tenure-track professorship, General Economics and Public Economics, Johannes Kepler University, Linz
    1973 Call to TH Darmstadt, Chair in Public Economics
    1974-1981 Full Professor and Head, Institute of Finance, Johannes Kepler University, Linz
    1981-2008 Full Professor, Vienna University of Economics and Business (successor to Stephan Koren), partly on leave, Vienna
    2003-2005 Vice Rector, Financial Affairs, Vienna University of Economics and Business, Vienna
    2008 Honorary doctorate in Social and Economic Sciences, Alpen-Adria-University, Klagenfurt
     
     Business activities
    1971-1979 Member and later President, Governing Board of PSK - Österreichische Postsparkasse, Expert on cartel matters, Cartel Court of the Superior Land Court, Vienna
    1999-2003 Vice-President and Member of the Management Committee, European Investment Bank, Luxembourg
    2006-2007 Chief Executive Officer, BAWAG P.S.K. Bank für Arbeit und Wirtschaft Österreichische Postsparkasse Aktiengesellschaft
    since 2008 Governor, OeNB - Oesterreichische Nationalbank
     
     Political activities
    1978-1999 Member, Austrian Parliament
    1980-1987 Deputy Chairman, Scientific Committee
    1985-1999 Chairman, Finance Committee

    Mag. MBA Klaus BUCHLEITNER

    Chief Executive Officer, Raiffeisenlandesbank Niederösterreich-Wien AG / Raiffeisen-Holding Niederösterreich-Wien, Vienna

    1988-1989 Forschungsprojekt, IIASA und WU Wien und freiberufliche Mitarbeit, Unternehmensberatungsprojekte
    1989-1993 Controlling und Strategisches Management, Girozentrale Bank AG
    1995-1996 Bereichsleiter für Finanzen und Controlling, Raiffeisen Ware Austria AG
    1997-2002 Finanzvorstand, Raiffeisen Ware Austria AG
    2002-2012 Vorstandsvorsitzender, Raiffeisen Ware Austria AG
    2003-2012 Vorstandsmitglied, BayWa AG, München
    seit 2012 Generaldirektor, Raiffeisen-Holding NÖ-Wien reg.Gen.m.b.H., Wien
    seit 2012 Generaldirektor, Raiffeisenlandesbank Niederösterreich-Wien AG, Wien

    Dr. Stefan PICHLER

    Vice Rector, Research; Professor of Banking and Finance, Institute for Finance, Banking and Insurance, WU (Vienna University of Economics and Business), Vienna

    1989-1995 Assistant Professor, Department of Banking, University of Graz
    1994 Doctorate in Business Administration, University of Graz
    1996-1999 Assistant Professor, Department of Finance, Vienna University of Technology
    1999 Habilitation, Vienna University of Technology
    1999-2003 Associate Professor, Department of Finance, Vienna University of Technology
    2000-2013 Principal Consultant, PricewaterhouseCoopers
    since 2006 Full Professor, Department of Finance, Accounting and Statistics, Vienna University of Economics and Business

    Dr. Thomas UHER

    Chairman and Chief Executive Officer, Erste Bank der oesterreichischen Sparkassen AG, Vienna

    1988-1989 Assistant, Institute of Constitutional and Administrative Law, University of Vienna
    1989-1990 Executive Board Office, Creditanstalt Bankverein, Vienna
    1991-1993 Department International Business Support Creditanstalt a.s., Prague
    1994-1997 Member of the Management Board, Creditanstalt a.s., Bratislava
    1997-2007 Member of the Management Board, Österreichische Bundesforste AG, Vienna
    2007-2010 Member of the Management Board, Erste Bank der oesterreichischen Sparkassen AG, Vienna
    2010-2014 Member of the Management Board, Board Spokesman, Erste Bank der oesterreichischen Sparkassen AG; Vienna
    since 2015 Chairman and Chief Executive Officer, Erste Bank der oesterreichischen Sparkassen AG; Vienna

    Mag. Agnes STREISSLER-FÜHRER

    Deputy General Secretary, Union of Private Sector Employees, Vienna

    1988-1993 Degree in Economics, University of Vienna, Vienna
    1993-2006 Researcher, Department for Economics, Austrian Chamber of Labour, Vienna
    2006-2008 Head, Department for Economic Policy, Austrian Chamber of Labour, Vienna
    2008 Managing Director, ZIT- Centre for Innovation and Technology, Vienna
    2009-2017 Founder and Director, Consultancy Agnes Streissler - Wirtschaftspolitische Projektberatung, Vienna
    2017-2018 Member of Federal Executive Board, Union of Private Sector Employees, Vienna
     Since 2018 Deputy General Secretary, Union of Private Sector Employess, Vienna

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