VIG Re has appointed Michael Klikovits as Head of Finance and a member of its Senior Leadership Team, where he will help steer the firm’s finances through its current three-year strategy cycle, VIGRe28 – Strengthen. Expand. Accelerate.
Klikovits holds extensive expertise in group reporting, regulatory compliance, and insurance-sector financial management. He built this experience over more than a decade at Vienna Insurance Group, where he most recently served as Deputy Head of Group Finance and Regulatory.
In this role, Klikovits was responsible for key group-wide finance functions, including IFRS consolidation and reporting, the valuation of insurance companies, and close involvement in financial steering and regulatory matters at the group level.
His professional background includes preparing consolidated IFRS financial statements, supporting international subsidiaries, conducting valuations in the context of acquisitions, performing impairment analyses, and contributing to the implementation of IFRS 9 and IFRS 17.
As Head of Finance, VIG Re said Klikovits will oversee finance management, accounting and tax reporting, while contributing to planning, steering and capital processes to support governance and the firm’s continued expansion across Europe and Asia. He will also play a central role in group-wide finance collaboration and finance-related IT projects.
Wolfgang Hajek, Chief Financial Officer and Member of the Board of Management of VIG Re, commented, “Michael’s expertise and experience will play an important role in supporting VIG Re’s future development.
“His leadership in finance strengthens our organisation at a pivotal moment, ensuring we remain well-positioned to deliver sustainable growth and long-term value under VIGRe28.”
Klikovits said, “I am excited to join VIG Re at a time of strong strategic momentum. VIGRe28 provides a clear framework for sustainable growth and value creation for its stakeholders and clients, and I look forward to contributing to the further development of the company by strengthening its financial steering, governance, and performance management.”
