Categories: Market

Vontobel CEO resigns and wants to enter politics

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Vontobel CEO Zeno Staub has announced that he plans to run for the National Council in the fall of 2023. That’s why he resigns from his boss position at the bank. (archive image)

The bank announced Wednesday that Staub has asked the board of directors to step down from his position on April 9, 2024. In the autumn Staub will compete for “Die Mitte” as the best candidate of the Arbeitsgemeinschaft Wirtschaft und Gesellschaft (AWG) of the Canton of Zurich.

Staub was at Vontobel’s service for 22 years, 20 as Executive Board Member and 12 as CEO. After a one-year waiting period, he will be nominated for the Board of Directors at the 2025 Annual General Meeting, but only as an ordinary member. Vontobel wants to find Staub’s successor by the end of the year.

The bank also announced that Felix Lenhard is stepping down as COO. Among other things, his desire to take better care of his family in the future is the reason for my name. (SDA)

Source :Blick

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