4. Executive Board and Group Executive Management
The Executive Board (EB) is responsible for the operational management of the head office (VP Bank Ltd, Vaduz), whereas Group Executive Management is responsible for the management of VP Bank Group. Group Executive Management (GEM) is in charge of the management of the Group. Its tasks and competencies are specified in the Organisation and Business Rules as well as in the functional descriptions for the individual members of the Executive Board / Group Executive Management. The Chairman of the Executive Board / Group Executive Management (CEO) is responsible for the overall management of the Group and group-wide coordination.
The members of the Executive Board / Group Executive Management generally meet every two weeks for a 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 2023, the Executive Board and Group Executive Management were made up of the following individuals:
Surname | Year | Position | At | Member |
---|---|---|---|---|
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 | 2020 | 2020 |
Dr Mara Harvey* | 1971 | Head of Region Europe | 2023 | 2023 |
Dr Urs Monstein | 1962 | Chief Operating Officer (COO) | 2018 | 2018 |
Adrian Schneider | 1985 | Head of Region LI & BVI | 2023 | 2023 |
Dr Rolf Steiner | 1968 | Head of Group Products & Solutions | 2019 | 2023 |
* Member of Group Executive Management, although not of the Executive Board of VP Bank Ltd, Vaduz |
As of 1 April 2023, Dr Mara Harvey, Head of Region Europe and CEO of VP Bank (Switzerland) Ltd, was appointed to Group Executive Management. Region Europe comprises the Luxembourg location, in addition to the Zurich location.
Also as of 1 April 2023, Dr Rolf Steiner, Head of Products & Solutions, was appointed to the Executive Board / Group Executive Management. This new area brings together all competences relating to the creation and enhancement of VP Bank Group’s range of services.
Tobias Wehrli, Head of Region Liechtenstein & BVI, left the Executive Board / Group Executive Management as of 1 April 2023.
The Board of Directors appointed Adrian Schneider as the new head of the home market region of Liechtenstein (including BVI) and as a member of the Executive Board / Group Executive Management as of 1 August 2023.
Paul H. Arni
Curriculum vitae
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
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
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 Mara Harvey
Curriculum vitae
Born 1971, Citizen of Switzerland and the UK
Education
- 2018, 2019Senior Leadership Program, IMD, Lausanne, Switzerland
- 2014Strategies for Leadership, IMD, Lausanne, Switzerland
- 2012Leadership in Financial Services, Harvard Business School
- 1999PhD in Economics, University of Fribourg, Switzerland
- 1994Degree in Economics, University of Fribourg, Switzerland
- 1990Business School (Scuola Cantonale di Commercio), Bellinzona, Switzerland
Professional background
- Since 2023VP Bank Ltd
Chief Executive Officer (CEO), VP Bank (Switzerland) Ltd, and Head of Region Europe - Since 2021Marty's Smart Way GmbH, Kreuzlingen, Switzerland Founder and CEO
- 2010–2021UBS AG and UBS Switzerland AG, Zürich, Switzerland
- 2020–2021: Head Global Wealth Management Client Services und Vice Chairwoman GFO
- 2016–2020: Head Global UHNW Deutschland, Österreich, Italien;
- 2018–2020: Head Global UHNW UK und Nordeuropa
- 2014–2018: Gründerin und Head of UBS Unique;
- 2015–2016: Head UHNW & Global Family Offices Europe International und Head Global UHNW Client Engineering
- 2012–2015: Head UHNW Europe Client & Business Development; 2010–2012: Chief of Staff Global Wealth Management
- 2002–2010UBS Deutschland AG, Frankfurt am Main, Deutschland
- 2009–2010: Senior Client Advisor für UHNW und Single Family Offices
- 2007–2009: Head of Human Resources & Education für Nord-, Ost- und Zentraleuropa; Deputy Head of Human Resources & Education for Wealth Management Global (excl. Americas). Beförderung zur Geschäftsführerin
- 2002–2007: Strategy & Business Development, Wealth Management Deutschland
- 2000–2002UBS AG, Zürich, Schweiz
- 2001–2002: Business Management, Private Banking, Unternehmensbereiche Deutschland / Benelux / Tourismus und davor Geschäftsbereich Europa;
- 2000–2001: Analystin, Large and Structured Transactions, Risk, Transformation and Capital Management, Private and Corporate Clients
Other activities and vested interests
- Plan International Switzerland, Mitglied des Verwaltungsrates
- FTW DAO, Gründungsmitglied
- Marty's Smart Way GmbH, Gründerin und CEO
Dr Urs Monstein
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 Inc., 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 (HSG), research assistant (tax law, public law)
Other activities and vested interests
- Chairman of the Board of Directors of Data Info Services AG, Vaduz, Liechtenstein
Adrian Schneider
Curriculum vitae
Born 1985, Citizen of Switzerland
Education
- 2022Oxford Advanced Management & Leadership Programme (OAMLP), Saïd Business School, University of Oxford, United Kingdom
- 2022Certificate in ESG Investing, CFA Institute, Charlottesville, USA
- 2019Chartered Alternative Investment Analyst (CAIA), Chartered Alternative Investment Analyst Association
- 2018Financial Risk Manager (FRM), Global Association of Risk Professionals (GARP)
- 2015Chartered Financial Analyst (CFA) charterholder CFA Institute, Charlottesville, USA
- 2012Master of Science in “Banking and Financial Management” (MSc), University of Liechtenstein, Vaduz, Liechtenstein
- 2010Bachelor of Science in Business Administration (BSc), University of Liechtenstein, Vaduz, Liechtenstein
- 2005Federal Vocational Baccalaureate, VET School Chur, Switzerland
- 2005Computer Scientist (Federal Diploma of Vocational Education and Training, VET School Chur & Hamilton Bonaduz AG, Switzerland)
Professional background
- Since 2023VP Bank AG, Vaduz
Head of Region Liechtenstein & BVI - 2022–2023BZ Bank AG, Wilen, Switzerland
Chief Executive Officer - 2019–2022Graubündner Kantonalbank, Chur, Switzerland
Head of the Investment Center / Chief Investment Officer, Member of the Management Board - 2011–2019Kaiser Partner Privatbank AG, Vaduz, Liechtenstein
- 2014–2019: Head of Investment Solutions, Deputy Executive Officer
- 2011–2014: Portfolio Manager, Member of the Management
- 2009Financial Market Authority (FMA) Liechtenstein, Vaduz, Liechtenstein
Trainee - 2006–2007Graubünden Cantonal Administration, Chur, Switzerland
ICT Support employee - 2005–2006Hamilton Bonaduz AG, Bonaduz, Switzerland
Application Developer
Other activities and vested interests
- Member of the CFA Society Liechtenstein, Vaduz
Dr Rolf Steiner
Curriculum vitae
Born 1968, Citizen of Switzerland
Education
- 2008CFA Charterholder
- 1998Postgraduate diploma in Management and Manufacturing Science, ETH Zurich, Switzerland
- 1997Doctorate (Dr sc. techn.) at the Institute for Signal and Information Processing, ETH Zurich, Switzerland
- 1994Postgraduate diploma in Information Technology, ETH Zurich, Switzerland
- 1993Electrotechnology Studies Dipl. El. Ing., ETH Zurich, Switzerland
Professional background
- Since 2019VP Bank AG, Vaduz, Liechtenstein
- Since 2023: Head of Group Products & Solutions
- 2019–2022: Group Chief of Staff
- 2018–2019Deutsche Bank (Schweiz) AG, Zürich, Switzerland
Head of Strategic Transformation EMEA, Wealth Management - 2016–2018Bank Vontobel AG, Zürich, Switzerland
- 2017–2018: Head Advisory Process & Client Interface, Wealth Management;
- 2016–2017: Head Sales & Business Management, Wealth Management
- 2005–2016Credit Suisse AG, Zürich, Schweiz
- 2016: COO of Swiss Universal Bank Finance
- 2012–2015: Head of Market & Segment Management Premium Clients Switzerland & Global External Asset Managers
- 2011–2012: Head of Center of Competence Region Zürich, Private Banking Switzerland
- 2009–2010: Head of Business Support Region Zürich, Private Banking Switzerland
- 2006–2009: Head of Business Development for Private Banking Switzerland
- 2005: Head of Private Banking Program Office of OneBank Reorganization
- 2003–2005UBS AG, Zürich, Switzerland
Head of Product Management Client Reporting, Wealth Management & Business Banking - 1999–2003McKinsey & Company, Zürich, Schweiz
Engagement Manager
Other activities and vested interests
- Member of the CFA Institute and the CFA Society Switzerland
- Foundation Council of AXA Foundation for Occupational Benefits Liechtenstein
4.2 Other activities and vested interests
The other activities of the members of Group Executive Management and any interests can be found in the biographies on the following pages.
4.3 Number of authorised activities
VP Bank 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.