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Liechtenstein's VP Bank Names Head Of New Client Business Arm

Tom Burroughes

17 July 2013

Liechtenstein-headquartered VP Bank has appointed former senior Credit Suisse private banker as a member of its group executive management, taking charge of the newly created client business segment.

Mauchle is the fourth member of the group executive management and takes responsibility for the client business segment on 1 October. This segment is made up of all client-oriented units of the group.

A Swiss citizen, Mauchle, has more than 30 years of banking experience. In his latest role, he was responsible for the German, Luxembourg and Austrian markets as head of private banking at Credit Suisse.

Thee two client-oriented business segments Banking Liechtenstein & Regional Market and Private Banking International were merged to form the new client business segment on 1 July.

From the start of October, group executive management will be composed of Alfred Moeckli (chief executive), Christoph Mauchle (head of Client business), Juerg Sturzenegger (chief operating officer) and Siegbert Näscher (chief financial officer).