People Moves

Liechtenstein Private Bank Announces Boardroom Changes

Tom Burroughes, Group Editor, London, 30 April 2012

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VP Bank, the Liechtenstein-based private bank, has made a
number of boardroom changes after its annual meeting in Vaduz
in the same week that it announced the new role of chief operating officer and
deputy chief executive as part of its Asia
expansion.

At the annual meeting, Hans Brunhart did not stand for
re-election to the board of directors. He was replaced by Fredy Vogt, appointed
chairman of the board at its inaugural meeting. Max Katz was also elected to
the board.

Last week, as reported by this publication, Reto Isenring
started in the newly-created function of chief operating officer and deputy
CEO at VP Bank. Isenring will also be a member of executive management. He was previously
interim CEO of the bank's Singapore
branch, pending the appointment of Ian Irvine Pollock, who now officially takes
over as CEO of VP Bank Singapore,
in addition to his leadership role in Hong Kong,
subject to regulatory approval.

Meanwhile, the annual meeting approved the payment of a
dividend of SFr1.50 per bearer share and SFr0.15 per registered share.

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