Vaduz, February 4, 2010 – Verwaltungs- und Privat-Bank Aktiengesellschaft’s Board of Directors has chosen Roger H. Hartmann as VP Bank Group’s new Chief Executive Officer. On April 1, 2010, he will take over his new function from Fredy Vogt, who has provisionally managed VP Bank for the last five months. |
Leadership experience in international private banking combined with knowledge of VP Bank’s major markets and client segments were the most important criteria in the search for the right person to fill the post of Chief Executive Officer.
VP Bank Group’s Board of Directors is pleased to be able to introduce Roger H. Hartmann, a CEO who meets this profile in every respect. The 52-year-old Swiss brings extensive international experience in private banking and in VP Bank Group’s key markets; he has also proven his leadership skills in various corporate settings and processes of change.
Before his current position as a partner at Ernst & Young Luxembourg, Hartmann was active in international private banking at UBS for 24 years, the last six years of which were successfully spent as the CEO of UBS (Luxembourg) S.A. Hans Brunhart, Chairman of VP Bank Group’s Board of Directors, says: “Roger Hartmann has excellent qualifications for his function as CEO. With his private banking experience, particularly in Switzerland, Singapore and Luxembourg, as well as his impressive network and know-how in private bank positioning in various jurisdictions, he is able to shape VP Bank Group’s strategic development to a considerable degree and further develop the existing organization with consistence and sound judgment.”
From the Board of Directors’ point of view, this new selection creates favorable conditions for a strong positioning of VP Bank in the changed markets and modified business environment.
Following the leadership change, Fredy Vogt will once again be able to concentrate on his function as the Chief Financial Officer of VP Bank Group, after having provisionally managed VP Bank for the last five months. The Board of Directors would like to thank Fredy Vogt for his exemplary commitment.
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