Stefan Süschetz will be appointed to the Management Board of Union Investment Real Estate Austria AG. As Chief Risk Officer and Chief Operating Officer, he will be responsible for the strategic and operational management of the real estate fund company based in Vienna. In his position, Süschetz will be responsible for risk management and mid-office as well as for the legal, compliance and money laundering functions.
Stefan Süschetz will succeed Manfred Stagl. After more than 15 years at Union Investment, Stagl will take well-deserved retirement on December 31, 2021. “In the many years of cooperation, Manfred Stagl has proven his proven expertise in the field of securities and asset management and has always successfully managed the Vienna location”, says Dr. Gunter Haueisen, Chairman of the Supervisory Board of Union Investment Real Estate Austria AG.
Stagl joined the management of Union Investment Austria GmbH in 2006. Since July 1, 2017, he has also been a member of the Management Board of Union Investment Real Estate Austria AG. “I would like to thank Manfred Stagl very much for the trusting and professional cooperation,” says Haueisen. “I wish him all the best for his upcoming retirement.”
Stefan Süschetz comes to Union Investment from the asset manager of Erste Group. In the past eight years, Süschetz has worked there in various positions, most recently as Head of Risk Management Real Estate at Erste Asset Management GmbH and as Head of Risk Management & Compliance at Erste Immobilien Kapitalanlagegesellschaft. The 41-year-old previously worked for the consulting firm Ernst & Young, the ERGO Group and the Allianz Group. Stefan Süschetz is a Certified Real Estate Investment Analyst (CREA®) and also has a degree in corporate management.
“We are pleased that in Stefan Süschetz we have been able to gain an experienced manager from the back office with whom we want to continue our growth path over the next few years,” says Dr. Gunter Haueisen. The Executive Board team will therefore continue to consist of three people in the future. Petia Zeiringer is responsible for fund and asset management, Jenni Wenkel has been responsible for the investment management of the real estate fund company since September 1st.
