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 (CEO) is responsible for the overall management of the Group and Group-wide coordination. 

The Executive Board members generally meet every two weeks for a half-day session. Additional meetings and workshops 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. 

 

As from mid-2017, the duties of the Chief Operating Officer were assumed ad interim by the CEO and CFO.

Alfred W. Moeckli
Born 2 July 1960, Swiss citizen

Alfred W. Moeckli is Chief Executive Officer (CEO) of VP Bank Group (Segment reporting, page 105 ff).

 

Education

1993: Master of Business Administration, Kellogg School of Management, Northwestern University, Evanston, USA

1980: Commercial apprenticeship, competence in Banking, with Federal Certificate, Credit Suisse, Switzerland

 

Professional background 

Since 2013: VP Bank Ltd, Vaduz, Liechtensten; Chief Executive Officer (CEO)

2008–2013: bank zweiplus ag, Zurich, Switzerland

  • 2010–2013: Chief Executive Officer (CEO)
  • 2008–2010: Member of the Board of Directors

2008–2010: Falcon Private Bank Ltd., Zurich, Switzerland; Deputy Chief Executive Officer and Chief Operating Officer

2004–2010: Tradejet Ltd., Zurich, Switzerland; Founder, Chief Executive Officer (CEO) and Chairman of the Board of Directors

2003–2008: INIVEST AG, Zug, Switzerland; Founder and Chief Executive Officer (CEO)

1999–2002: Swissquote Bank, Gland and Schwerzenbach, Switzerland; Chief Executive Officer (CEO)

1993–1999: Citibank (Switzerland), Zurich and Geneva, Switzerland; Head of Capital Markets

1987–1990: Banque Paribas (Suisse) S.A., Geneva, Switzerland; Head of Trading

1984–1987: Banque Gutzwiller, Kurz, Bungener S.A., Geneva, Switzerland; Head of Trading

1982–1984: Yamaichi (Switzerland) Ltd., Zurich and Geneva, Switzerland; Senior Sales

1981–1982: Carr, Sebag & Co, Geneva, Switzerland and London, England; Stock market trader / member of the sales team

1980–1981: Credit Suisse, Zurich, Switzerland; Member of the asset management team

 

Other activities and vested interests

  • Deputy Chairman of the Board of the Liechtenstein Banker’s Association, Vaduz, Liechtenstein
  • Member of the “Swiss-American Chamber of Commerce” Board of Directors, Zurich, Switzerland

Siegbert Näscher
Born 25 December 1965, citizen of Liechtenstein

Siegbert Näscher is Chief Financial Officer (CFO) of VP Bank Group and Deputy Chief Executive Officer (Segment reporting, page 105 ff).

 

Education

2003: Executive Programme of the Swiss Banking School

1996: Swiss-certified auditor

1993: Swiss-certified expert in accounting and controlling

 

Professional background 

Since 2010: VP Bank Ltd, Vaduz, Liechtenstein

Since 2013: Chief Financial Officer (CFO) and deputy to the Chief Executive Officer

  • 2012–2013: Chief Executive Officer a.i., Chief Financial Officer (CFO) and Head of Corporate Center
  • 2012: Chief Financial Officer, deputy to the Chief Executive Officer and Head of Corporate Center
  • 2010–2012: Head of Group Finance & Risk
  • 1998–2010: Liechtensteinische Landesbank AG, Vaduz, Liechtenstein; Head of Group Finance & Risk

1994–1998: Schoeller Textil AG, Sevelen, Switzerland; Head of Finance and Controlling

1992–1994: Rieter Maschinenfabrik AG, Winterthur, Switzerland; Controller

1991–1992: Schild Mode AG, Lucerne, Switzerland; Deputy Head of Finance and Accounting

1987–1991: ReviTrust Treuhand AG, Schaan, Liechtenstein; Accounting and revision

1982–1987: Bank in Liechtenstein AG, Vaduz, Liechtenstein; Accounting

 

Other activities and vested interests 

  • Chairman of the Board of Trustees of Treuhand-Personalstiftung, Vaduz, Liechtenstein
  • Member of the Board of Trustees of Privatbank-Personalstiftung, Vaduz, Liechtenstein
  • Chairman of the Board of Data Info Services AG, Vaduz, Liechtenstein
  • Other activities and vested interests (continued)
  • Chairman of the Board of Trustees of the Deposit Guarantee and Investor Compensation Foundation PCC, Vaduz, Liechtenstein
  • Member of the Finance and Tax Experts’ Committee of the Liechtenstein Chamber of Commerce and Industry, Vaduz, Liechtenstein

Christoph Mauchle
Born 5 May 1961, Swiss citizen

Christoph Mauchle is Head of Client Business of VP Bank Group (Segment reporting, page 105 ff).


Education

2007: Advanced Management Program, Kellogg School of Management, Northwestern University, Evanston, USA

1999: Certified Financial Planner CFP

1998: INSEAD Management Program in Business Administration and Management, INSEAD, Fontainebleau, France

1986: MA Economics, College of Advanced Economics and Administration (HWV) St. Gallen, Switzerland

 

Professional background

Since 2013: VP Bank Ltd, Vaduz, Liechtenstein; Head of Client Business

1992–2013: Credit Suisse, Switzerland 

  • 2008–2012: Head Private Banking Germany, Austria and Luxembourg 
  • 2001–2008: Head Private Banking and Region Zurich 
  • 1998–2001: Head External Asset Managers 
  • 1997–1998: Head Competence Center Eastern Switzerland
  • 1995–1997: Sector Head Private Banking St. Gallen 
  • 1992–1995: Sector Head Individual Clients Zurich

1989–1992: Bank Vontobel, Zurich, Switzerland; Chief of Staff Private Banking

1986–1989: Brown Brothers Harriman & Co., New York, USA; Research Analyst and Account Manager Institutional Sales

 

1980–1983: Schweizerische Bankgesellschaft/UBS, St. Gallen, Switzerland; Assistant Private Banking

 

 

Monika Vicandi
Born 10 May 1967, Swiss citizen

Monika Vicandi is General Counsel and Chief Risk Officer (CRO) of VP Bank Group (Segment reporting, page 105 ff).

 

Education

2017: Certificate of Advanced Studies FHNW Risk Management, FHNW School of Business, Basel, Switzerland

2014: LL.M. in International Taxation, University of Liechtenstein

2009: Management for the Legal Profession (MLP-HSG), HSG advanced studies degree, University of St. Gallen, Switzerland

1999: Master of Laws, LL.M., University of Minnesota, Minneapolis, USA

1996: Admission to the Swiss bar

1992: law studies, University of Zurich, Switzerland

 

Professional background 

Since 2011: VP Bank Ltd, Vaduz, Liechtenstein

  • Since 2017: Member of the Group Executive Management, General Counsel & Chief Risk Officer
  • 2015–2016: Group General Counsel
  • 2015: By order of VP Bank Ltd: Chief Executive Officer at Centrum Bank Ltd, Vaduz, Liechtenstein
  • 2011–2015: Head of Group Legal, Compliance & Tax

2002–2011: Union Bancaire Privée, Zurich, Switzerland; Head of Legal & Compliance

2000–2002: Discount Bank and Trust Company, Zurich, Switzerland; Head of Legal, Trust and Compliance Division

1999–2000: Winterthur International, Winterthur, Switzerland; Legal Counsel in the Legal & Claims Management department

1998: KS Kaderschule Zürich, Switzerland; Lecturer in law

1996–1998: Winterthur Versicherung (International Division), Winterthur, Switzerland; Legal Counsel Claims Management

1994–1998: Betriebs- und Verwaltungsschule Winterthur, Switzerland; Lecturer in law

1993–1994: Hinwil District Court, Switzerland; Court secretary / auditor

 

Other activities and vested interests

 

Member of the Legal & Compliance Expert Group at the Liechtenstein Chamber of Commerce and Industry, Vaduz, Liechtenstein

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 in Point 4.1.

 

4.3 Number of authorised activities

VP Bank is not subject to the Swiss Ordinance against Excessive Compensation in Public Corporations (OAEC). From that point of view, it has not issued any statutory rules concerning the number of authorised activities. 

 

4.4 Management contracts

VP Bank has no management contracts with third parties that involve the delegation of management functions.