Niklaus Mannhart appointed Chief Operating Officer of Cembra Money Bank

Niklaus Mannhart appointed Chief Operating Officer of Cembra Money Bank

Zurich - Cembra Money Bank appoints Niklaus Mannhart as Chief Operating Officer (COO). He will assume the newly created position by 1 August 2018 and become a member of the Bank's Management Board.

Niklaus Mannhart is a proven IT and operations expert with more than 20 years' professional experience in IT and strategy consulting and as a Chief Operating Officer. He has worked for Credit Suisse since 2010. Starting as a Business Project Leader for this major bank, in 2011 he was promoted to COO Operations Region Switzerland and COO Operations Utilities. He was then appointed IT & Operations COO for Swiss Universal Bank in November 2016.

Before joining Credit Suisse, Niklaus Mannhart spent nine years working for the business and strategy consulting firm McKinsey&Company in Zurich. The 51-year-old Swiss citizen graduated as a computer science engineer from the Federal Institute of Technology (ETH) in Zurich and also holds a didactic certificate in information technology following his postgraduate studies.

"We are absolutely pleased that an experienced expert such as Niklaus Mannhart has decided to join our Bank for the newly created COO position", says Robert Oudmayer, Chief Executive Officer (CEO) of Cembra Money Bank. "With his impressive track record, Niklaus Mannhart will be a valuable addition to the Management Board of Cembra Money Bank."

Contacts
Media:	Andreas Werz; [phone]; [e-mail]
Investor Relations:	[phone]; [e-mail]
Key dates
24 July 2018	Publication of half-year results 2018
17 April 2019	Annual General Meeting 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 809,000 customers.

Media release, 27 April 2018 (pdf)

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