Austrian retirement services group, VBV Group, has announced that VBV Pension Fund CEO, Christian Reiss, will also take over as CEO of the VBV Provident Fund.

This additional appointment follows the restructuring of VBV Group, which has seen the gradual implementation of efficiency-enhancing measures since 2022, including plans to merge the investment divisions of the VBV Pension Fund and the VBV Provident Fund.

The group also confirmed that Ronald Laszlo has been appointed to VBV Provident Fund's management board.

From October 2026, Reiss, in his new role as VBV Provident Fund CEO, will be responsible for human resources, legal affairs, customer relations and sales, marketing and public relations, corporate social responsibility, as well as digitalisation and business development.

Meanwhile, Laszlo will be in charge of administration, information technology, and artificial intelligence as well as digitalisation.

VBV Provident Fund management board member, Michaela Attermeyer, will remain in charge of investment management, while VBV Provident Fund management board member, Martin Vörös, will be responsible for finance, risk management, data protection and information security.

Reiss took over as VBV Pension Fund CEO on 1 July 2026, and the pension fund's management board was restructured in a similar way to the one now in place at VBV Provident Fund.

The new management structure aims to strengthen cooperation between the VBV Group's two core companies to address strategic and operational matters more effectively across both companies in future.

The appointments were made by VBV Provident Fund’s Supervisory Board, and the update also confirmed that VBV CEO, Andreas Zakostelsky, will continue his role until summer 2027.

Commenting on the appointments, Zakostelsky said: “We laid the groundwork early on to ensure that the generational handover within VBV could be implemented in a long-term and orderly manner. It is important to me that this process takes place with continuity and stability.

“With Christian Reiss and the newly appointed management board, VBV is excellently positioned to continue its successful development whilst simultaneously providing fresh impetus for the future.”

Adding to this, Reiss said: “Over the past few months, we as the management board have been working intensively on how we want to position VBV for the coming years. With this next step, we are now creating the conditions to think of the Pension Fund and the Provident Fund even more closely as a single entity.

“Our aim is clear: we want to further expand VBV’s market leadership, drive innovation forward more quickly and offer our customers even better solutions across all our companies. To this end, we will be setting the course step by step over the coming months.”

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