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Ferdinand Lacina

Ferdinand Lacina
Minister of Finance
In office
16 June 1986 – 6 April 1995
Prime Minister Franz Vranitzky
Preceded by Franz Vranitzky
Succeeded by Andreas Staribacher
Personal details
Born (1942-12-31) 31 December 1942 (age 74)
Nationality Austrian
Political party Social Democratic Party of Austria
Alma mater Vienna University of Economics and Business

Ferdinand Lacina (born 31 December 1942) is an Austrian politician. He served as finance minister from 1986 to 1995.

Lacina was among the leading figures of the antifascist student movement of the 1960s.

Lacina is a member of the Social Democratic Party of Austria. He served as minister of transport and nationalized industries. On 16 June 1986 he was appointed finance minister, replacing Franz Vranitzky in the post. Franz Vranitzky led the cabinet in which Lacina was appointed. Lacina successfully reduced the federal deficit to 3.2% in 1994 following a long period of consolidation. Lacina's tenure lasted until 6 April 1995 when he resigned from office. Andreas Staribacher succeeded him in the post.

Following the retirement from politics Lacina was named the general director of the GiroCredit Bank. He was also a member of Bank Medici's supervisory board. Lacina is the president of the Austrian Marshall Plan Foundation.


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