Heinz Huber got off the boss of the
manageable Thurgauer Kantonalbank to the boss of systemically important
Raiffeisen Group.
Is Huber up to the task with his Raiffeisen? Not himself, but one of his key colleagues at the bank said in late February that the corona crisis would hardly last long.
“In retrospect, Covid-19 may turn out to be a far less dramatic episode than it currently appears,” the chief investment officer, Raiffeisen’s top investment guru, typed into the social network.
He did this immediately after a video from his top boss.
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At that time Italy had already sealed off parts of the country. The danger of the virus was clear long ago.
The Raiffeisen investment manager didn’t believe in it. Many, like the banker, underestimated the pathogen. So far, so clear.
Conversely, Raiffeisen is now going on the media offensive. Your CEO Huber presents itself as a hands-on boss. “30 minutes per credit is feasible,” says Huber in view today.
In the interview, Huber presents his bank in such a way that it is ideally equipped to deal with the crisis.
“Many Raiffeisen banks have strengthened their teams in the corporate clients area,” he says in an interview.
“There are also additional experts available throughout Switzerland. The Raiffeisen Entrepreneurs Center also supports our SMEs with questions about liquidity assurance and planning. “
On February 29, Raiffeisen said from top of the line that the virus disease would be a “far less dramatic episode” than feared.
4 weeks later, the top boss of the cooperative group says that everything is ready for emergency aid in the country’s number 3.
Money houses behave so agile in times like these.
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