The new members of the Group Executive Management will bring "international know-how and expertise" the firm said.
Liechtenstein-based VP Bank Group has appointed Dr Mara Harvey, head of Region Europe and CEO of VP Bank (Switzerland) Ltd, and Dr Rolf Steiner, head of Group Products & Solutions, to join its group executive management (GEM) with effect from 1 April.
Dr Harvey has been CEO of VP Bank (Switzerland) Ltd since 1 January 2023. The graduate economist with over 20 years of experience in the wealth management industry is additionally responsible for the region of Europe, which includes the Zurich location as well as the Luxembourg location.
Dr Steiner joined VP Bank Group in October 2019. Since the beginning of 2023, he has been head of the new Group Products & Solutions division, which pools all expertise relating to the creation and development of the products and services offered by VP Bank Group.
The appointment of Dr Harvey and Dr Steiner is subject to the approval by the Liechtenstein Financial Market Authority (FMA), the firm said in a statement.
Tobias Wehrli, head of Region Liechtenstein and BVI, is leaving the GEM to take on a new challenge. Wehrli played an important role in the development of the group-wide market and sales activities and the transfer to the regional target organisation. The search for a successor has been initiated, the firm said.
With Wehrli leaving, the target organisation will take over the management of the region and report directly to the Group CEO Paul Arni.
Dr Thomas R Meier, chairman of the board of directors of VP Bank, said: "I am delighted with the extension of the Group Executive Management with two experienced leaders. Mara Harvey and Rolf Steiner will complement the GEM with their international know-how and expertise. I would like to thank Tobias Wehrli for his efforts and commitment and wish him every success in the next professional challenge."