4. Executive Board and Group Executive Management
The Executive Board is responsible for the operational management of the head office and, at the same time, for the management of VP Bank Group and is designated as Group Executive Management (GEM). Its tasks and competencies are specified in the OBR as well as in the functional descriptions for the individual members of Executive Management. The Chairman of the Executive Board (CEO) is responsible for the overall management of the Group and Group-wide coordination.
The members of Executive Management 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.
4.1 Members of the Executive Board and Group Executive Management
As of 31 December 2022, the Executive Board and Group Executive Management were made up of the following individuals:
Surname | Year of birth | Functions | At VP Bank since | Member since |
|---|---|---|---|---|
Paul H. Arni | 1964 | Chief Executive Officer (CEO) | 2019 | 2019 |
Roger Barmettler | 1972 | Chief Financial Officer (CFO), Deputy CEO | 2020 | 2021 |
Patrick Bont | 1975 | Chief Risk Officer (CRO) | 2020 | 2020 |
Dr Urs Monstein | 1962 | Chief Operating Officer (COO) | 2018 | 2018 |
Thomas von Hohenhau | 1983 | Head of Client Solutions | 2020 | 2020 |
Tobias Wehrli | 1977 | Head of Intermediaries & Private Banking | 2015 | 2020 |
Thomas von Hohenhau served as Head of Client Solutions and a member of the Executive Board and Group Executive Management from 1 September 2020. The Client Solutions business unit was reorganised and transferred entirely to the new organisation as of 1 January 2023. Thomas von Hohenhau resigned from the Executive Board and Group Executive Management of VP Bank at the end of 2022 and left VP Bank Group.
Paul H. Arni
Born 1964
Swiss
Curriculum vitae
- Chief Executive Officer (CEO) of VP Bank Group
Born 1964, Citizen of Switzerland
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 of Wealth Management Switzerland and Member of Executive Management
- 2014–2017Bank Julius Baer & Co. Ltd., 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 of the Liechtenstein Bankers Association, Vaduz
- Member of the Board of the Liechtenstein Chamber of Commerce and Industry (LIHK), Vaduz
Roger
Barmettler
Born 1972
Swiss
- Chief Financial Officer (CFO) of VP Bank Group and Deputy Chief Executive Officer
Curriculum vitae
Born 1972, Citizen of Switzerland
Education
- 2001Swiss Certified Accountant, Treuhandkammer Zurich, Switzerland
- 1997Bachelor of Science in Business Administration, University of Lucerne, Switzerland
Professional background
- Since 2020VP Bank AG, Vaduz
- Since March 2021: Chief Financial Officer
- June 2020–February 2021: Chief Financial Officer ad interim
- 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
- Member of the Board of Trustees of the "Treuhand-Personalstiftung" foundation, Vaduz
- Member of the Board of Trustees of the "Privatbank Personalstiftung" foundation, Vaduz
- Member of the Board of Trustees of the "Einlagensicherungs- und Anlegerentschädigungs-Stiftung SV" foundation, Vaduz
Patrick Bont
Born 1975
Swiss
- Chief Risk Officer (CRO) of VP Bank Group
Curriculum vitae
Born 1975, Citizen of Switzerland
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 Executive Management, Division Manager Banking
- 2013–2015: Member of Executive Management, Division Manager Other Financial Intermediaries
- 2010–2013: Head of Legal and International Affairs
- 2009–2010: Lawyer, Executive Board staff
- 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
Dr Urs
Monstein
Born 1962
Swiss
- Chief Operating Officer (COO) of VP Bank Group
Curriculum vitae
Born 1962, Citizen of Switzerland
Education
- 1996Swiss Banking School, Zurich
- 1994Dr iur., University of St. Gallen HSG
- 1991lic. oec., University of St. Gallen HSG
- 1988lic. iur., University of St. Gallen HSG
Professional background
- Since 2018VP Bank Ltd, Vaduz
- Since 2018: Chief Operating Officer (COO)
- 02–09/2019: Chief Executive Officer (CEO) ad interim, Chief Operating Officer (COO)
- 2006–2017Bank Julius Bär & Co. Ltd., 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, COO, Member of Executive 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
Tobias
Wehrli
Born 1977
Swiss
- Head of Intermediaries & Private Banking at VP Bank Group
Curriculum vitae
Born 1977, Citizen of Switzerland
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 FMH Swiss Medical Association, 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 Inc., Zurich, Financial Education Team
- 1996–1997UBS Inc., Wil, commercial employee in private customer business
- 1993–1996UBS Inc., Wil, commercial training incl. BMS (federal vocational baccalaureate)
Other activities and vested interests
None
Thomas von
Hohenhau
Born 1983
German and Swiss
- Head of Client Solutions at VP Bank Group
Curriculum vitae
Born 1983, Citizen of Germany and Switzerland
Education
- 2011Master of Arts in Banking and Finance, University of St. Gallen (HSG)
- 2007Bachelor of Arts in Business Administration, University of Zurich
Professional background
- 2020–2022VP Bank Ltd, Vaduz, Head of Client Solutions
- 2019–2020Deposit Solutions, Zurich, CEO Switzerland
- 2016–2020Deposit Solutions, Global, Chief Client Officer
- 2016–2018Deposit Solutions, Zurich, Managing Director
- 2015–2016Bank Julius Baer & Co. Ltd., various international locations, Head of Portfolio Management International
- 2014–2015Bank Julius Baer & Co. Ltd, Global, Global Head of PM Business Operations & Management
- 2012–2014Bank Julius Baer & Co. Ltd, various international locations, Global Head of Integration Merrill Lynch Portfolio Management
- 2009–2014Bank Julius Baer & Co. Ltd, Zurich, Head of PM Business Development
Other activities and vested interests
- Owner of Andorien Capital AG, Zurich
- Member of the Board of Young SECA
4.2 Other activities and vested interests
The other activities of the members of Executive Management and any interests can be found in the biographies on the following pages.
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.