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. 

Executive Board members generally meet every two weeks for a half-day session. Additional meetings and workshops are held on 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 at 31 December 2020, the Executive Board and Group Executive Management were made up of the following individuals:

At VP Bank since

Member since

2019

2019

2020

2020

2020

2020

2018

2018

2020

2020

2015

2020

 

Paul H. Arni
Born in 1964
Citizen of Switzerland

Paul H. Arni is the Chief Executive Officer (CEO) of VP Bank Group (segment reporting).

 

Education

  • 2020Certified Board Member, Rochester-Bern Executive Programs, Berne
  • 2006Advanced Management Program (AMP), The Wharton School at the University of Pennsylvania (USA)
  • 2002Master of Business Administration MBA, University of Berne and University of Rochester (USA)
  • 1999Post-graduate diploma in Bank Management, Institute of Financial Services Zug (IFZ)
  • 1995Controller Diploma, Controller Academy, Zurich and Swiss Institute for Business Administration (SIB), Zurich
  • 1990Business Economist FH, Zurich University of Applied Sciences, Zurich

 

Professional background

  • Since 2019VP Bank Ltd, Vaduz, Chief Executive Officer
  • 2017-2019Deutsche Bank (Switzerland) AG, Zurich, Head Wealth Management Switzerland and Member of the Board of Management
  • 2014–2017Bank Julius Baer & Co. AG, Zurich, Market Head Zurich, Deputy Regional Manager Switzerland, Member of the Management Advisory Board
  • 2008–2014Credit Suisse AG, Zurich

    • 2012–2014: Global COO Private Banking
    • 2008–2012: Regional Head Zurich and Head of Private Banking Switzerland for the Zurich Region

  • 1993–2008UBS AG, Zurich

    • 2007–2008: Regional Head of Wealth Management & Business Banking Mittelland, Bern
    • 2003–2007: Head of Management Support, Wealth Management Switzerland
    • 1999–2003: Head of Controlling for various business units
    • 1998–1999: Integration Office Switzerland during the UBS/SBC merger
    • 1993–1998: Controller / Team Head Controlling Retail Banking

  • 1991–1993BMW (Switzerland) AG, Dielsdorf, Dealership Business Consultant and Sales Zone Manager for the Zurich Region
  • 1985–1990PBZ Privatbank, Zurich, Assistant to the Board of Management and employee in the Capital Markets Department

 

Other activities and vested interests

  • Member of the Board and Vice President of the Liechten­stein Bankers Association, Vaduz
  • Member of the Board of the Liechtenstein Chamber of Commerce and Industry (LIHK), Vaduz

Tobias Wehrli
Born in 1977
Citizen of Switzerland

Tobias Wehrli is the Head of Intermediaries & Private Banking (segment reporting).

 

Education

  • 2012–2014Executive Master’s in Business Administration (EMBA), FHS St. Gallen, specialisation in Service Management
  • 2006Fit for CAS Customers (Comprehensive Advice Seeking)
  • 2005Next PACE – Credit Suisse Advisory Process in Private Banking
  • 2004Series 7 / General Securities Registered Representative Qualification Examination, (American NYSE Trader Exam)
  • 2003–2004Executive Master of Financial Planning, CFP post-graduate studies at the FHS Fachhochschule für Technik, Wirtschaft und Soziale Arbeit St. Gallen (University of Applied Sciences)
  • 1998–2001FHS Fachhochschule für Technik, Wirtschaft und Soziale Arbeit St. Gallen (University of Applied Sciences; field of study: Economics with specialisation in Financial Services)

 

Professional background

  • Since 2020VP Bank Ltd, Head of Intermediaries & Private Banking, Vaduz
  • 2015–2020Head of Intermediaries VP Bank Ltd, Vaduz, Special responsibility VP Bank Group: locations Zurich, Singapore, Luxembourg, Liechtenstein

    • 2016–2019: Additional team management “Commercial Banking Domestic”

  • 2009–2015St. Galler Kantonalbank AG, St. Gallen, Head of Desk for External Asset Managers, member of the Management Board
  • 2007–2009Financial Architects Schweiz, Wil, investment Advisor for Swiss doctors FMH, Deputy General Manager / Partner
  • 2005–2007Credit Suisse Private Banking, St. Gallen, Relationship Manager for foreign countries, Assistant Vice President
  • 2004–2005Swiss American Sec. Inc., New York City (USA), Broker, Trading and Sales, Assistant Vice President
  • 2001–2004Credit Suisse Private Banking, Frauenfeld, Relationship Manager Domestic, Assistant Vice President
  • 1997–1998UBS AG, Zurich, Financial Education Team
  • 1996–1997UBS AG, Wil, commercial employee in private customer business
  • 1993–1996UBS AG, Wil, commercial training incl. BMS (federal vocational baccalaureate)

 

Other activities and vested interests

None

Thomas von Hohenhau
Born in 1983
Citizen of Germany and Switzerland

Thomas von Hohenhau is the Head of Client Solutions of VP Bank Group (segment reporting).

 

Education

  • 2011Master of Arts in Banking and Finance, University of St. Gallen (HSG)
  • 2007Bachelor of Arts in Business Administration, University of Zurich

 

Professional background

  • Since 2020VP Bank Ltd, Head of Client Solutions, Vaduz
  • 2019–2020Deposit Solutions,CEO Switzerland
  • 2016–2020Deposit Solutions, Chief Client Officer, International
  • 2016–2018Deposit Solutions, Managing Director Switzerland
  • 2015–2016Bank Julius Baer, Head of Portfolio Management International
  • 2014–2015Bank Julius Baer, Global Head of PM Business Operations & Management, International
  • 2012–2014Bank Julius Baer, Global Head of Integration Merrill Lynch Portfolio Management, Zurich/London
  • 2009–2014Bank Julius Baer, Head of PM Business Development, Zurich

 

Other activities and vested interests

  • Owner of Andorien Capital AG, Zurich
  • Member of the Board of Young SECA

Patrick Bont
Born in 1975
Citizen of Switzerland

Patrick Bont is the Chief Risk Officer of VP Bank Group (segment reporting).

 

Education

  • 2015–2016Executive Master of Business Administration (EMBA) in Digital Transformation, HTW Chur, University of Applied Sciences
  • 2010–2012Executive Master of Laws (LL.M.) in Company Foundations and Trust Law, University of Liechtenstein
  • 1995–2001Master of Arts (lic. iur. HSG), University of St. Gallen HSG

 

Professional background

  • Since 2020VP Bank Ltd, Vaduz, Liechtenstein, Chief Risk Officer
  • 2009–2020FMA Financial Market Authority Liechtenstein, Vaduz

    • 2016–2020: Member of the Executive Board, Head of “Banking” Division
    • 2013–2016: Member of the Executive Board, Head of “Other Financial Intermediaries” Division
    • 2010–2013: Executive Officer, Head of Legal and International Affairs
    • 2009–2010: Lawyer, Executive Office

  • 2001–2009UBS AG, Zurich / Hong Kong

    • 2005–2009: Director, Head of Business Management, Group General Counsel Area – UBS Corporate Center, Zurich
    • 2007–2008: Director, Head of Business Management, Legal & Compliance – UBS Investment Bank, Hong Kong
    • 2003–2005: Business Analyst, Operational Risk – UBS Corporate Center, Zurich
    • 2001–2003: Junior Client Advisor – UBS Wealth Management, Zurich

 

Other activities and vested interests

  • University of Liechtenstein – Lecturer for the Compliance certificate course
  • Authorship – publications on the topics of tokenisation, compliance officers in the financial sector, and financial market supervisory authorities

Roger Barmettler
Born in 1972
Citizen of Switzerland

Roger Barmettler is the Chief Financial Officer (CFO) of VP Bank Group (segment reporting).

 

Education

  • 2001Swiss CPA, Treuhandkammer Zurich
  • 1997Bachelor of Science in Business Administration, University of Lucerne

 

Professional background

  • Since 2020VP Bank Ltd, Vaduz

    • From 03/2021: Chief Financial Officer
    • 06/2020–02/2021: Chief Financial Officer a.i.
    • 2020: Head of Group Finance

  • 2018–2019UBS AG, Zurich, Group Accounting
  • 2005–2018Credit Suisse AG, Zurich

    • 2014–2018: Liquidity Measurement & Reporting
    • 2013–2014: Head of Credit Risk Reporting Private Banking
    • 2011–2012: COO of Risk Analytics & Reporting
    • 2006–2011: Group Accounting, Financial Reporting & Consolidation
    • 2005–2006: Audit Manager Financial Audit Team

  • 2004–2005UBS Investment Bank, Zurich, Senior Auditor, Group Internal Audit
  • 2002–2003KPMG LLP, Philadelphia (USA), Senior Auditor
  • 1997–2004KPMG Fides Peat, Zurich, Audit Manager

 

Other activities and vested interests

None

Dr Urs Monstein
Born in 1962
Citizen of Switzerland

Dr Urs Monstein is the Chief Operating Officer (COO) of VP Bank Group (segment reporting).

 

Education

  • 1996Swiss Banking School, Zurich
  • 1994Dr iur., University of St. Gallen
  • 1991lic. oec., University of St. Gallen
  • 1988lic. iur., University of St. Gallen


Professional background

  • Since 2018VP Bank Ltd, Vaduz, COO
  • 2006–2017Bank Julius Baer & Co. AG, Zurich

    • 2012–2017: Global Head IT / CIO
    • 2010–2011: Head of Strategic Programs
    • 2008–2009: COO International / Program Manager
    • 2006–2007: Program Manager Strategic Initiatives

  • 2004–2006Bank Ehinger & Armand von Ernst, Zurich, Chief Operating Officer, Member of the Board of Management
  • 1998–2003UBS Group AG, Zurich

    • 2001–2003: Head of Strategic Project Management
    • 2000–2001: Head of Private Banking Services Switzerland
    • 1998–1999: Project Manager Migration Private Banking Switzerland

  • 1992–1997Union Bank of Switzerland, Zurich

    • 1996–1997: Head of the Investment Clients and Securities Administration Unit
    • 1995–1996: Training placement for corporate clients, Geneva
    • 1993–1995: Assistant to the Chairman of the Board of Management, Switzerland Region
    • 1992–1993: Controlling Region Switzerland

  • 1987–1990University of St. Gallen, research assistant (tax law, public law)


Other activities and vested interests

Chairman of the Board of Directors of Data Info Services AG, 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 Section 4.1.

 

4.3 Number of authorised activities

VP Bank is not subject to the Swiss Ordinance against Excessive Remuneration in Listed Companies Limited by Shares (ERCO). 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.