VP Bank, a Liechtenstein-based private bank, has named Patrick Bont – the banking division head of Financial Market Authority (FMA) Liechtenstein – as its new group chief risk officer.

Bont will join VP Bank on 1 November 2020, with responsibility for the group legal services, group compliance and group risk departments.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

As head of FMA’s banking division, Bont’s supervisory remit included Liechtenstein’s banks, investment firms, e-money as well as payment institutions.

Earlier, he held management roles at UBS in Zurich and Hong Kong, including head of business management legal & compliance in the corporate center.

VP Bank CEO Paul Arni said: “Patrick Bont is a particularly experienced management personality with outstanding knowledge in the areas of risk management, compliance and corporate governance.

“He is very familiar with the Liechtenstein financial centre, and his extensive experience will be of great value in the further development of VP Bank as well as in the implementation of our 2025 growth strategy.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

VP Bank has operations in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town on the British Virgin Islands. The firm managed CHF47.6bn at the end of December 2019.

Last month, VP Bank named Tobias Wehrli as the new head of its Intermediaries & Private Banking unit, replacing Chris-toph Mauchle.

Earlier this year, the bank announced several board changes such as proposing the re-election of Beat Graf and Michael Riesen to its board.

It also proposed the name of Thomas Meier as the new chairman.