Banca del Gottardo, the Lugano-based banking subsidiary of Swiss Life Group, has proposed Rolf Dörig and Beat Hubacher for election to the b...

Banca del Gottardo, the Lugano-based banking subsidiary of Swiss Life Group, has proposed Rolf Dörig and Beat Hubacher for election to the bank’s board of directors, as replacements for Henry Peter and Martin Senn. Henry Peter has been nominated for the Swiss Life Holding board of directors and will therefore leave the Banca del Gottardo board, where he has served since 1994. He was also chairman of the bank’s audit committee. Martin Senn will resign from the board as he will leave Swiss Life on 1 April 2006 to take a new position at Zurich Financial Services. Rolf Dörig chief executive of Swiss Life, and Beat Hubacher, head of group compliance & regulatory affairs of Swiss Life, will be proposed for election at the general meeting of shareholders on 27 April 2006. The moves underscores the importance of the bank within Swiss Life, said Felix Ehrat, chairman of the board of Banca del Gottardo.