4. Executive Board and Group Executive Management

The Executive Board is responsible for the operational management of the parent company and, at the same time, for the management of VP Bank Group and is designated as Group Executive Management. Its tasks and competencies are speciﬁed in the OBR as well as in the functional descriptions for the individual members of the Executive Board. The head of the Executive Board (CEO) is responsible for the overall management of the Group and Group-wide coordination.

The Executive Board members generally meet every two weeks for a half-day session. Additional meetings and workshops are held for the purpose of assessing the strategy and corporate developments, as well as for dealing with annual planning, budgeting and other current issues.

Name

Year of birth

Functions

At VP Bank since

Member since

Alfred W. Moeckli

1960

Chief Executive Officer (CEO)

2013

2013

Siegbert Näscher

1965

Chief Financial Officer (CFO), Deputy CEO

2010

2012

Christoph Mauchle

1961

Head of Client Business

2013

2013

Monika Vicandi

1967

General Counsel, Chief Risk Officer (CRO)

2011

2017

As from mid-2017, the duties of the Chief Operating Officer were assumed ad interim by the CEO and CFO.

Member of the Legal & Compliance Expert Group at the Liechtenstein Chamber of Commerce and Industry, Vaduz, Liechtenstein

4.2 Other activities and vested interests

The other activities of the Executive Board members and any relevant vested interests can be found in the biographies in Point 4.1.

4.3 Number of authorised activities

VP Bank is not subject to the Swiss Ordinance against Excessive Compensation in Public Corporations (OAEC). From that point of view, it has not issued any statutory rules concerning the number of authorised activities.

4.4 Management contracts

VP Bank has no management contracts with third parties that involve the delegation of management functions.