The affair of the Ex-Raiffeisen boss Pierin Vincenz is not yet over. The criminal process is likely to begin in the coming year. And Raiffeisen itself is a large reform package is working, in order to strengthen controls. Never more a single Person to dominate the third-largest banking group, as it has done Pierin Vincenz in his Era.
On Saturday, will take place in Zurich-Oerlikon, an extraordinary Assembly of delegates, to the major stakes of the “Reform 21” going to be. It is, according to several informed Raiffeisen-representative to ensure that the 164 delegates will decide on a change to the bylaws dam. It provides that, in the future, each Raiffeisenbank is to appoint a representative to the main decision-making body of the group.
The new body, the Raiffeisen-Bank Council, to give the base between the delegate assemblies of influence on the course of the Bank.
Until now, each regional Association sent two delegates, in addition, large organisations were awarded additional delegates. “The principle of “One Bank, one vote” will come, it is supported on the base wide,” says a Bank representative. Raiffeisen wants to say anything to the agenda, and refers to a media conference after the Meeting.
leaked but also that the delegates have the right, on the remuneration of the Board of Directors, as shareholders in a General meeting. The conversion of the cooperative Raiffeisen Switzerland, a joint-stock company, as it had encouraged the supervision of Finma , has been deprecated already a long time ago. “This strengthens the checks, a AG may have a bad Board,” says an Insider.
in Order to strengthen the controls, will be launched on Saturday a new body: It will be Raiffeisen-Bank Council (RB) hot and will serve as the Board of Directors as a contact person. The new Bank Council replaces the previously informal coordinating group of the presidents of the regional associations. “The new Raiffeisen-Bank Council is to get as many members as the Board of Directors of Raiffeisen Switzerland”, explained a source.
New Board Member
The planned procedure according to which each of the 21 regional associations to designate a representative to this group then selects, from among the 10 members of the new Bank Council. The idea that The smaller an institution, the more flexible and powerful it is.
The new body should look to the Board of Directors of Raiffeisen Switzerland on the Finger. It is intended to provide the Basis between the delegate assemblies of influence on the course of the Bank.
This is the crux in all of this is: Formal Raiffeisen Switzerland, is a subsidiary of Raiffeisen banks. De facto Raiffeisen Switzerland acts as a Central institution, and is used, for example, the Supervisory authority Finma as a Central point of contact.
What happens to the city offices?
Also, elections are on the Agenda on Saturday: the Board of Directors of Raiffeisen Switzerland will be increased from 9 to 10 members. As a new member, Anne Bobilier joins in. The 53-year-old IT expert is at the service provider and IT reseller, Bechtle for mergers & Acquisitions is responsible. She is the second woman in the ten-person Board of Directors.
the delegates of the reform is not completed the meeting agenda, but still. Further in the discussion of the so-called “ownership strategy”, which will be discussed in the morning of the Raiffeisen banks. It is, among other things, which services the banks are from the Central office in the future, and how this is in respect to.
A large chunk is the question of what should be done with the six city branches of Raiffeisen Switzerland in Zurich, Bern, Basel, St. Gallen, Winterthur and Thalwil. Thus the Central power of the regional banks competition. A working group bends over this question. One possibility would be to these branches as new cooperatives to secede.
Created: 13.11.2019, 21:01 Uhr
