Pascal Perritaz appointed new Chief Financial Officer of Cembra Money Bank

Pascal Perritaz appointed new Chief Financial Officer of Cembra Money Bank

Zurich - Cembra Money Bank appoints Pascal Perritaz as the new Chief Financial Officer (CFO). He will assume the position on 1 October 2018 and become a member of the Bank's Management Board. Pascal Perritaz will succeed Rémy Schimmel who joined Cembra Money Bank on 1 August 2016 and who will pursue a new professional challenge outside the Bank.

Pascal Perritaz is a proven finance expert with more than 22 years of experience at Zurich Insurance Company Ltd. He has served as Chief Financial Officer Global Corporate for the last four years, after holding various senior management positions in Switzerland and abroad, including Chief Financial Officer for the Middle East Africa region from 2010 to 2013.

The 46-year-old Swiss citizen holds a Master's Degree in Economics from the University of Fribourg and a Swiss Federal Diploma as Financial Analyst and Portfolio Manager. Furthermore, Pascal Perritaz obtained the INSEAD Certificate in Corporate Governance and graduated from the Program for Leadership Development at Harvard Business School in Boston (USA).

"We are absolutely pleased that an experienced expert such as Pascal Perritaz has decided to join our Bank for the CFO position", says Robert Oudmayer, Chief Executive Officer of Cembra Money Bank. "With his impressive track record, Pascal Perritaz will be a valuable addition to the Management Board of Cembra Money Bank. At the same time I would like to thank Rémy Schimmel for his contribution and commitment to the Bank over the past two years and wish him all the best for the future."

Contacts
Media:	Andreas Werz; [phone]; [e-mail]
Investor Relations:	[phone]; [e-mail]
Key dates
21 February 2019 20 March 2019 17 April 2019 23 July 2019	Publication of full-year 2018 results Publication of Annual Report 2018 Annual General Meeting 2019 Publication of half-year results 2019 and interim report 2019
About Cembra Money Bank
Cembra Money Bank is a leading Swiss provider of consumer finance products and services. Its product range includes personal loans, auto leases and loans, credit cards and insurance sold with these products as well as invoice financing, deposit and savings products. Headquartered in Zurich-Altstetten, the Group has operations across Switzerland via a network of 18 branches as well as alternative sales channels such as the Internet, credit card partners, independent agents and more than 3,600 car dealers. Cembra Money Bank is an independent Swiss bank and has been listed on the SIX Swiss Exchange since October 2013. It has over 800 employees from 38 nations and about 830,000 customers.

Media release, 3 September 2018 (pdf)

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