The CEO has been with the group since the autumn of 2012, leading it as CEO from 2021. His period at LLB Group – its new name – has coincided with its growth, the bank said.

Liechtenstein-headquartered LLB Group announced yesterday that chief executive Gabriel Brenna has decided to leave the organisation to take on a new professional challenge. 

The bank said Christoph Reich, deputy CEO and group chief financial officer, will lead the business on an interim basis while it looks for a permanent replacement. 

Brenna joined LLB as a member of the group executive board in October 2012. Until February 2021, he headed the private banking division. As of 1 March 2021, he was appointed as the group CEO and board chairman of the LLB Group.

The bank – which has rebranded – has thrived under Brenna’s leadership, with business volume rising from SFr59 billion ($71.8 billion) in 2013 to SFr113.5 billion in 2024. Net profit grew in the same period from SFr54 million to SFr167.2 million, the bank said in a statement. 

"Gabriel Brenna has shaped the two successful strategies Focus 2015 and StepUp2020 with his conceptual and analytical strengths as well as his strong client focus. Under his leadership as group CEO, the current ACT-26 strategy was launched on 1 January 2022. Its implementation is fully on track,” Georg Wohlwend, chairman of the board of directors, said.

“On behalf of the group board of directors, I would like to sincerely thank Gabriel for his great commitment to the LLB Group. We have always greatly appreciated working and dialoguing with him. We very much regret his departure and wish him all the best for his future,” he said.