Change in the Board of Directors Peter Fanconi leaves the Board of Directors effective immediately Vaduz, 15 November 2013. There has been a change in the Board of Directors of the Liechtensteinische Landesbank AG (LLB). Peter Fanconi is leaving effective immediately to take on a new professional challenge. The Board of Directors will propose a suitable replacement for election by the next General Meeting of Shareholders. The Government of the Canton of Graubünden has elected Peter Fanconi as the new Chairman of the Graubündner Kantonalbank for the term commencing 1 April 2014. Peter Fanconi is therefore resigning from the LLB Board of Directors effective immediately. On behalf of the entire Board of Directors, Chairman Dr. Hans-Werner Gassner expresses his regret about the resignation: "We have very much appreciated Peter Fanconi as a professional and as a human being. We understand the personal reasons motivating him to take on this new professional challenge. We would like to thank him for his valuable contribution to the LLB Group and wish him all the best in his new position." Peter Fanconi says: "I very much appreciate that I have been able to accompany the Liechtensteinische Landesbank for a stretch of the way into its future. The LLB Group is on course with its Focus2015 strategy. I am convinced that this will enable it to position itself successfully for the long term." According to article 12 of the LLB Act and article 14 of the Statutes, the Board of Directors is composed of five to seven members. They are elected by the General Meeting of Shareholders for three years. After the resignation by Peter Fanconi, the body - now consisting of six members - will continue to be in conformity with the law and the Statutes. The LLB Board of Directors plans to propose a suitable replacement for election at the next General Meeting. The LLB Group will provide information on the nomination in due course. Important dates *Tuesday, 25 March 2014, presentation of the 2013 business result *Friday, 9 May 2014, 22nd ordinary Annual General Meeting Brief portrait Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The LLB's shares are listed on the SIX Swiss Exchange (symbol: LLB). The LLB Group offers its clients comprehensive wealth management services, as a universal bank, in private banking, asset management and fund services. With around 1,000 employees, the LLB is represented in Liechtenstein, Switzerland, Austria and the United Arab Emirates (Abu Dhabi and Dubai). As per 30 June 2013, the LLB Group managed client assets totalling CHF 50.5 billion. LLBMCChangeBoardDirectors Provider Channel Contact Tensid Ltd., Switzerland newsbox.ch Provider/Channel related enquiries www.tensid.ch www.newsbox.ch firstname.lastname@example.org +41 41 763 00 50
Change in the Board of Directors
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