Hans Jörg Schelling | |
---|---|
Minister of Finance | |
Assumed office 1 September 2014 |
|
Chancellor |
Werner Faymann Reinhold Mitterlehner (Acting) Christian Kern |
Preceded by | Michael Spindelegger |
Personal details | |
Born |
Hohenems, Austria |
27 December 1953
Political party | People's Party |
Alma mater | Johannes Kepler University |
Hans Jörg Schelling (born 27 December 1953 in Hohenems , Vorarlberg as Johann Georg Schelling) is an Austrian entrepreneur, Austrian People's Party politician and since 1 September 2014 the Federal Minister of Finance of Austria in the governments of chancellors Werner Faymann and Christian Kern.
A native of Vorarlberg in western Austria, Schelling was a millionaire management consultant before entering politics. Over the course of his career, he made a fortune by building two separate home-furnishing chains into market leaders.
During his time in office as Minister of Finance, Schelling was in charge of managing the fallout of the 2008 financial crisis. In 2016, he closed FIMBAG, the agency it set up in 2008 during the crisis to oversee state aid granted to troubled lenders. He successfully pushed through legislation paving the way for the government to reach settlements with the creditors of defunct bank Hypo Alpe Adria and remove a millstone from the country's public finances.
Under Schelling’s leadership, Austria asked France in 2015 to hand over tax data linked to leaked client data of multinational banking and financial services company HSBC which had admitted failings in compliance at its Swiss private bank.
Since 2015, Schelling has been chairing the group of EU Member States that want to adopt a common tax on financial transactions.
Schelling is married and has two daughters. He is a collector of modern art and enjoys spending time on Stiftsweingut Herzogenburg, the vineyard he operates in his adopted province of Lower Austria.