Matthias Neth (left) will be President of the Savings Banks in Baden-Württemberg from May 2024. The CDU politician is currently district administrator of the Hohelohe district. He follows Peter Schneider (right).
(Photo: dpa)
Frankfurt The Savings Banks Association of Baden-Württemberg has a new president – who, however, will not take office for a good year. The district administrator of the Hohenlohe district, Matthias Neth, will head the association from May 2024. He was elected on Friday by the 151 members of the Association Assembly.
The 43-year-old CDU politician follows Peter Schneider. The 64-year-old will retire at the end of April next year. Since 2006, Schneider has headed the powerful Savings Banks Association, which represents 50 savings banks and holds 40 percent of Landesbank Baden-Württemberg, Germany’s largest state bank. Schneider also heads the supervisory board of SV Sparkassen-Versicherung in Stuttgart and Landesbausparkasse Südwest.
There is also a change at the top of the DSGV
“I am very pleased about the great vote of confidence by the association assembly,” said Neth. The association assembly includes local politicians and savings bank managers. Neth has been district administrator of the Hohelohe district and head of the board of directors of the local savings bank since 2013. Helmut Riegger, district administrator of the district of Calw, had also run for office.
In contrast to the election for the new President of the German Savings Banks and Giro Association (DSGV), two candidates were officially up for election in Baden-Württemberg. Ulrich Reuter, currently President of the Bavarian Savings Banks Association, is to be elected the new German Savings Banks President in March and will take office in early 2024. The presidents of the eleven regional savings bank associations recently agreed on this. Other persons entitled to vote are seven representatives from state banks and three from local authority associations.
Reuter succeeds Helmut Schleweis. Liane Buchholz, President of the Savings Banks Association of Westphalia-Lippe, has expressed interest in the DSGV chief post. But now she is no longer an option. She would have been the first woman to head the Savings Banks Association. At the top of the savings bank associations and on the boards of the 360 savings banks, the proportion of women is very small.
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