4. Executive Board and Group Executive Management
The Executive Board is responsible for the operational management of the parent company and, at the same time, for the management of VP Bank Group and is designated as Group Executive Management. Its tasks and competencies are specified in the OBR as well as in the functional descriptions for the individual members of the Executive Board. The head of the Executive Board (the CEO) is responsible for the overall management of the Group and Group-wide coordination.
The Executive Board members generally meet once a week for a half-day session. Additional meetings and seminars are held for the purpose of assessing the strategy and corporate developments, as well as for dealing with annual planning, budgeting and other current issues.
4.1 Members of the Executive Board and Group Executive Management
As of 31 December 2014, the Executive Board and Group Executive Management were made up of the following individuals:
Name | Year | Function | Joined | GEM member since |
Alfred W. Moeckli | 1960 | Chief Executive Officer | 2013 | 2013 |
Siegbert Näscher | 1965 | Chief Financial Officer Member of Group | 2010 | 2012 |
Christoph Mauchle | 1961 | Head of Client Business Member of Group | 2013 | 2013 |
Alfred W. Moeckli (born 2 July 1960; Swiss citizen) is Chief Executive Officer (CEO) of VP Bank Group (segment reporting, page 115).
- Educational background: banker with Federal Certificate of Competence 1980); Master of Business Administration, Northwestern University, Evanston, IL, USA (1993).
- Professional background: 1977–1981, assistant in the Private Banking department of Credit Suisse, Zurich; 1981–1982, stock exchange trader/broker at Carr, Sebag & Co. Geneva and London; 1982–1984, senior sales employee at Yamaichi (Switzerland) Ltd., Zurich and Geneva; 1984–1987, Head of Trading at Banque Gutzwiller, Kurz, Bungener S.A. Geneva; 1993–1999, Head of Capital Markets at Citibank (Switzerland) Zurich and Geneva; 1999–2002, Chief Executive Officer of Swissquote Bank, Gland and Scherzenbach; 2003–2008, founder and Chief Executive Officer of INIVEST AG, Zug; 2004–2010, founder, Chief Executive Officer and Chairman of the Board of Directors of Tradejet Ltd., Zurich; 2008–2013, bank zweiplus ag, Zurich, 2008–2010 as a member of the Board of Directors; 2010–2013 as Chief Executive Officer; 2008–2010, Deputy Chief Executive Officer and Chief Operating Officer of Falcon Private Bank Ltd., Zurich; since 2013, Chief Executive Officer of VP Bank Group.
- Other activities and vested interests: Deputy Chairman of the Board of the Liechtenstein Bankers Association.
Siegbert Näscher (born 25 December 1965; Liechtenstein citizen) is Chief Financial Officer (CFO) of VP Bank Group und Deputy Chief Executive Officer (segment reporting, page 115).
- Educational background: Federal Certified Accounting and Controlling Expert (1993); Swiss Certified Public Accountant (1996); Executive Programme of the Swiss Banking School (2002–2003).
- Professional background: 1982–1987, Accounting Bank in Liechtenstein AG, Vaduz; 1987–1991, bookkeeping and audit at Revitrust Treuhand AG, Schaan; 1991–1992, Assistant Head of Finance and Accounting at Schild Mode AG, Lucerne; 1992–1994, Controller at Maschinenfabrik Rieter AG, Winterthur; 1994–1998, Head of Finance and Controlling at Schoeller Textil AG, Sevelen; 1998–2010, Head of Group Finance & Risk at Liechtensteinische Landesbank AG, Vaduz; since 1 September 2010 with VP Bank Ltd, Vaduz; 2010–2012 as Head of Group Finance & Risk; 2012 as Chief Financial Officer and Head of Corporate Center; 2012–2013 as Chief Executive Officer (CEO) ad interim; since 2013 as Chief Financial Officer and Deputy Chief Executive Officer.
- Other activities and vested interests: Chairman of the Board of Trustees of the Treuhand-Personalstiftung, Vaduz; member of the Board of Trustees of the Privatbank-Personalstiftung, Vaduz; member of the Foundation Council (Deputy Chairman) of the Deposit Insurance and Investor Protection Foundation of the Liechtenstein Bankers Association; member of Specialist Group on Finances and Taxation of the Liechtenstein Chamber of Industry and Trade; member of the Swiss Auditing Chamber; member of the Swiss Association of Certified Experts in Financial Reporting and Controlling, veb.ch; Swiss Finance Institute alumni association.
Christoph Mauchle (born 5 May 1961; Swiss citizen) is a member of Group Executive Management and Head of Client Business (segment reporting, page 115).
- Educational background: MA Economics, HWV St. Gallen (1986); INSEAD Management Programme Business Administration/Mgt., INSEAD France (1988); Certified Financial Planner CFP (1999); Advanced Management Program, Kellogg School of Management, Northwestern University, Evanston, Illinois (2007).
- Professional background: 1980–1983, Private Banking Assistant at, Swiss Bank Corporation/UBS, St. Gallen; 1986–1989, Research Analyst & Account Manager Institutional Sales at Brown Brothers Harriman & Co., New York; 1989–1992, Chief of Staff Private Banking at Bank Vontobel, Zurich; 1992–2013, Credit Suisse, Switzerland; 1992–1995 as Sector Head Individual Clients Zurich; 1995–1997 as Sector Head Private Banking St. Gallen; 1997–1998 as Head Competence Centre Eastern Switzerland; 1998–2001 as Head External Asset Managers; 2001–2008 as Head Private Banking and Region Zurich; 2008–2012 as Head of Private Banking Germany, Austria and Luxembourg); since 1 October 2013 with VP Bank Vaduz as a member of Group Executive Management and Head of Client Business.
- Other activities and vested interests: none.
4.2 Other activities and vested interests
The other activities of the Executive Board members and any relevant vested interests can be found in the biographies provided under section 4.1.
4.3 Management contracts
VP Bank has no management contracts with third parties that involve the delegation of management functions.