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.
Name | Year of birth | Functions | At VP Bank since | Member since |
Alfred W. Moeckli | 1960 | Chief Executive Officer (CEO) | 2013 | 2013 |
Siegbert Näscher | 1965 | Chief Financial Officer (CFO), | 2010 | 2012 |
Christoph Mauchle | 1961 | Head of Client Business | 2013 | 2013 |
Monika Vicandi | 1967 | General Counsel, Chief Risk Officer (CRO) | 2011 | 2017 |
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.