Hans Jörg Schelling: Difference between revisions
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'''Hans Jörg Schelling''' (born 27 December 1953 in Hohenems |
'''Hans Jörg Schelling''' (born 27 December 1953 in [[Hohenems]], [[Vorarlberg]] as '''Johann Georg Schelling''') is an Austrian entrepreneur, [[Austrian People's Party]] politician and since 1 September 2014 the Federal Minister of Finance of Austria in the governments of chancellors [[Werner Faymann]] and [[Christian Kern]].<ref>{{cite news|last=Lundeen|first=Nicole|title=Hans Jörg Schelling Chosen as Austria's Next Finance Minister|url=https://www.wsj.com/articles/hans-jorg-schelling-chosen-as-austrias-next-finance-minister-1409503486|newspaper=Wall Street Journal|date=August 31, 2014|accessdate=July 16, 2016}}</ref> |
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==Early career== |
==Early career== |
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Revision as of 13:52, 9 November 2017
 | You can help expand this article with text translated from the corresponding article in German. (July 2016) Click [show] for important translation instructions.
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Hans Jörg Schelling | |
|---|---|
.jpg) | |
| Minister of Finance | |
| Assumed office 1 September 2014 | |
| Chancellor | Werner Faymann Reinhold Mitterlehner (Acting) Christian Kern |
| Preceded by | Michael Spindelegger |
| Personal details | |
| Born | 27 December 1953 Hohenems, Austria |
| Political party | People's Party |
| Alma mater | Johannes Kepler University |
Hans Jörg Schelling (born 27 December 1953 in Hohenems, Vorarlberg as Johann Georg Schelling) is an Austrian entrepreneur, Austrian People's Party politician and since 1 September 2014 the Federal Minister of Finance of Austria in the governments of chancellors Werner Faymann and Christian Kern.[1]
Early career
A native of Vorarlberg in western Austria, Schelling was a millionaire management consultant before entering politics. Over the course of his career, he made a fortune by building two separate home-furnishing chains into market leaders.[2]
Political career
During his time in office as Minister of Finance, Schelling was in charge of managing the fallout of the 2008 financial crisis. In 2016, he closed FIMBAG, the agency it set up in 2008 during the crisis to oversee state aid granted to troubled lenders.[3] He successfully pushed through legislation paving the way for the government to reach settlements with the creditors of defunct bank Hypo Alpe Adria and remove a millstone from the country's public finances.[4]
Under Schelling’s leadership, Austria asked France in 2015 to hand over tax data linked to leaked client data of multinational banking and financial services company HSBC which had admitted failings in compliance at its Swiss private bank.[5]
Since 2015, Schelling has been chairing the group of EU Member States that want to adopt a common tax on financial transactions.[6]
Other activities
- Asian Development Bank (ADB), Ex-Officio Member of the Board of Governors
- Asian Infrastructure Investment Bank (AIIB), Ex-Officio Member of the Board of Governors[7]
- European Bank for Reconstruction and Development (EBRD), Ex-Officio Member of the Board of Governors[8]
- European Investment Bank (EIB), Ex-Officio Member of the Board of Governors[9]
- European Stability Mechanism (ESM), Member of the Board of Governors[10]
- Inter-American Investment Corporation (IIC), Ex-Officio Member of the Board of Governors
- Multilateral Investment Guarantee Agency (MIGA), World Bank Group, Ex-Officio Member of the Board of Governors[11]
- World Bank, Ex-Officio Member of the Board of Governors[12]
- Österreichische Volksbanken-Aktiengesellschaft (ÖVAG), Chairman of the Supervisory Board (2012-2014)[13]
- Federation of Social Insurance Providers, Chairman of the Board (2009-2014)
Personal life
Schelling is married and has two daughters. He is a collector of modern art and enjoys spending time on Stiftsweingut Herzogenburg, the vineyard he operates in his adopted province of Lower Austria.[14]
References
- ^ Lundeen, Nicole (August 31, 2014). "Hans Jörg Schelling Chosen as Austria's Next Finance Minister". Wall Street Journal. Retrieved July 16, 2016.
- ^ Michael Shields (July 7, 2015), Furniture magnate Schelling steers Austrian finance overhaul Reuters.
- ^ Michael Shields (November 3, 2015), Austria to close agency overseeing state aid to banks Reuters.
- ^ Francois Murphy (October 15, 2015), Austria passes law paving way for Heta settlement Reuters.
- ^ Shadia Nasralla (February 26, 2015), France will hand Austria HSBC tax data within days Reuters.
- ^ Francesco Guarascio (June 14, 2016), EU finance ministers to hold 'last-chance' talks on transactions tax Reuters.
- ^ Board of Governors Asian Infrastructure Investment Bank (AIIB).
- ^ Board of Governors European Bank for Reconstruction and Development (EBRD).
- ^ Board of Governors European Investment Bank (EIB).
- ^ Board of Governors: Hans Jörg Schelling European Stability Mechanism.
- ^ Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.
- ^ Board of Governors World Bank.
- ^ Board of Governors: Hans Jörg Schelling European Stability Mechanism.
- ^ Michael Shields (July 7, 2015), Furniture magnate Schelling steers Austrian finance overhaul Reuters.
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