Cembra Money Bank publishes Annual Report 2013 and proposes Urs Daniel Baumann for election to the Board of Directors Zurich, Switzerland - Cembra Money Bank, a leading Swiss consumer finance bank, today published its Annual Report 2013 which is available online at www.cembra.ch/ar2013. The report provides comprehensive information on the business, corporate governance and financial performance of Cembra Money Bank. Robert Oudmayer, CEO: "We are proud to present for the first time, as a listed company, our Annual Report to our investors, business partners and customers." Furthermore, the Board of Directors of Cembra Money Bank will propose at the next ordinary Annual General Meeting to be held on 13 May 2014 the election of Urs Daniel Baumann to the Board of Directors. Since 2012, Urs Daniel Baumann has been Chief Executive Officer (CEO) of Bellevue Group. He has over 14 years of international management experience with leading global, regional and Swiss financial institutions; including CEO of Swisscard and Lindorff Group as well as Managing Director CEE at Barclaycard. Furthermore, he worked as consultant and manager with a top-rated global management consulting firm for more than five years. Urs Daniel Baumann is a Swiss Citizen and holds a Master in Economics & Business Administration of the University of St. Gallen (HSG) as well as a MBA of the University of Chicago. Dr. Felix A. Weber, Chairman of the Board of Directors of Cembra Money Bank, commented: "I am delighted that Urs Daniel Baumann has accepted the nomination to join the Board of Directors. With his experience in the financial services industry and the credit cards business in particular, I am convinced that he will bring a valuable contribution to our Board." More details about his nomination will be made available in the invitation to the next ordinary Annual General Meeting. Contacts Media: Brigitte Kaps; +41 44 439 8194; firstname.lastname@example.org Investor Relations: Christian Waelti; +41 44 439 8572; email@example.com About Cembra Money Bank AG Cembra Money Bank is a Bank with a well-established position in Swiss consumer finance. The Bank is regulated by FINMA, holds a banking license and provides a range of financial products and services. The Bank holds leading positions in Switzerland for its Personal Loans and Auto business. It has a growing Credit Cards business based on partnering with Swiss retailers and other institutions. Headquartered in Zurich, the Bank operates exclusively in Switzerland through a nationwide network of 25 branches as well as through alternative distribution and sourcing channels, such as the internet, credit card partners, independent agents and over 3,200 auto dealers. The Bank generated a consolidated net income of CHF 132.9 million in 2013. As at 31 December 2013, the Bank had financing receivables of CHF 4.0 billion and a consolidated Tier 1 capital ratio of 19.7%. It had ca. 700 full time equivalent employees, serving approximately 624,000 customers. 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
Cembra Money Bank publishes Annual Report 2013 and proposes Urs
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