There are more C-suite changes at the banking group, which operates in a number of regions, including Asia.

Liechtenstein-headquartered VP Bank has appointed Roland Kläy as the new chief financial officer, taking effect from 1 October. He will be filling a vacancy left by the departure last June of Roger Barmettler. In recent months, Philippe Wüst has served as interim CFO.

Kläy brings over two decades of experience in finance and risk management. Most recently, he was co-founder and a member of the executive management of radicant bank ag, where he had served as chief financial and risk officer since its inception; he also acted as co-CEO for a period. 

Prior to this, Kläy held management positions at Aargauische Kantonalbank, including deputy member of the executive board in the finance and risk division and as chief risk officer. He began his career at Ernst & Young, where he worked as a senior manager in the banking audit division. He is a certified public accountant and holds several advanced degrees, including in risk management and financial mathematics. He studied business administration at the University of Bern.

"With Roland Kläy, we are gaining a proven financial expert. His entrepreneurial mindset and broad expertise will make an important contribution to the implementation of our strategy,” Urs Monstein, CEO of VP Bank, said. “At the same time, I would like to thank Philippe Wüst for his strong commitment and valuable contributions as interim CFO over the past few months."

The appointment and planned assumption of duties on 1 October 2025 are subject to approval by the Liechtenstein Financial Market Authority.

In May last year, Paul Arni left as CEO after a five-year spell at the lender.