Wurth has been the president of the chamber for fifteen years. In June last year, he expressed a hope that the social elections could provide the opportunity for the institution to have a leadership renewal or rejuvenation.
In his capacity as chairman of the board of directors for the Banque Internationale de Luxembourg (BIL), Frieden is standing as a candidate in the social elections in group four, which represents banks and the financial sector in the chamber.
According to "d'Lëtzebuerger Land", the organisations of employers have been discussing the theory that Frieden has leadership aspirations for three weeks now.
Frieden is one of five candidates hoping to represent group four.
