Last year, Dr Thomas R. Meier was appointed to a three-year term on the Board of Directors. This appointment strengthens the Board's competencies, ensures long-term succession planning and makes a significant contribution to the successful strategic development of VP Bank's Asian business. The new function of a second Vice President makes it easier for him to use his external relations more efficiently.

Dr Thomas R. Meier has over three decades of international experience in the banking industry, with an emphasis on Asia, including CEO Asia at Bank Julius Baer for more than 10 years. He also brings considerable expertise in the area of sustainability.

The Board of Directors bears responsibility for the strategic orientation of VP Bank Group. Dr Thomas R. Meier is not operationally active.

'As a proven Asia specialist, Thomas Meier will in future become even more involved in the further development of VP Bank's Asia strategy and of our locations in Singapore and Hong Kong' states Fredy Vogt, Chairman of the Board of Directors.

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VP Bank AG published this content on 13 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 March 2019 14:03:03 UTC