In the case of the Liechtenstein VP Bank, it comes to an abrupt change in the top management of the group. The company’s CEO Alfred Moeckli leave the Bank by the end of January 2019, according to the Institute on Tuesday. Interim Chief Operating Officer, Urs Monstein takes on the Executive Committee.
The Board of Directors, and Alfred Moeckli had decided not to continue their partnership, it said in the message. The resolution of the employment relationship successes, but by consensus within the framework of an early, age-related succession planning. The Board of Directors thank you Moeckli for his merits, and his great dedication, it was said in the message.
to retirement
The 58-year-old Moeckli have already said earlier that he will not make the task up to the age of retirement, also said a VP-Bank spokeswoman on request from AWP. Wanted to further reasons for the decision you make. Moeckli in front of the stand since 2013, the Group Executive Management of VP Bank group. The search process for his successor was initiated according to the message already. Both internal as well as external candidates would be evaluated, re-wrote the Bank.
The Board of Directors thank you Moeckli “for his merits, and his great commitment”, as it says in the message. Moeckli have contributed “significantly to the successful positioning of VP Bank in the changed environment of the financial services industry and the profitability increases.”
speculations
Last week, had announced the VP Bank, a decline in profit for the year 2018. With the decline in profits, the departure Moecklis have no connection, said the VP Bank spokeswoman. Similarly, the departure of a long-smoldering dispute in Russia. The Institute sees itself with the money demands in the millions faced and had closed in the last autumn of the establishment.
For most observers, the departure is surprising. The Analyst at the Zürcher Kantonalbank can imagine in a first comment, that there had been between the CEO and the Board of Directors to differences regarding a possible Takeover. The last major acquisition of VP Bank spent already four years, although the Bank, around 400 million Swiss francs surplus I capital. (fal/sda)
Created: 29.01.2019, 09:41 PM
