4 Group Executive Board
4.1 Members
The LLB Group’s organisational structure is consistently geared towards client and market needs. For this purpose the Retail & Corporate Banking, Private Banking as well as Institutional Clients Market Divisions are represented at the Group Executive Management level. The Group Chief Financial Officer, the Group Chief Operating Officer, as well as the Group Chief Executive Officer comprise the Group Executive Management.
Gabriel Brenna
Group Chief Executive Officer,
Head of Private Banking Division 1973, CH / I
Joined the Group Executive Board:
2012
Education:
- M. Sc., Electrical Engineering, Ecole polytechnique fédérale de Lausanne, 1998
- Ph.D., Electrical Engineering, Semiconductors, Swiss Federal Institute of Technology (ETH) Zurich, 2004
Professional career:
- Project Leader, Philips Semiconductors, Zurich, 1998 – 1999
- Research and instruction, ETH Zurich, 2000 – 2004
- Senior Project Leader, Advanced Circuit Pursuit, Zollikon, 2002 – 2004
- McKinsey & Company, Zurich and London; most recently, Partner and Head of Swiss Private Banking and Risk Management Practice, 2005 until September 2012
Liechtensteinische Landesbank:
- Member of the Group Executive Board and the Board of Management, since October 2012
- Head of Private Banking Division, October 2012 - 2021
- Group Chief Executive Officer, since March 2021
Board of Directors mandates in Liechtensteinische Landesbank Group companies:
- Liechtensteinische Landesbank (Österreich) AG (Chairman)
- Bank Linth LLB AG (Member)
- LLB Asset Management AG (Vice Chairman)
- LLB Services (Schweiz) AG (Chairman)
Other functions:
- Member of the Liechtenstein Bankers Association
- Member of the Board of the Liechtenstein Chamber of Commerce and Industry
- Member of the Board of Trustees of the Personnel Pension Fund Foundation of Liechtensteinische Landesbank AG
- Chairman of the Board of Trustees of the "Future Foundation of Liechtensteinische Landesbank AG"
Urs Müller
Vice Group Chief Executive Officer, Head of Retail & Corporate Banking Division
1962, FL / CH
Joined the Group Executive Board:
2011
Education:
- Licentiate in law, University of St. Gallen (HSG), 1993
Professional career:
- Auditor, Unterrheintal District Court and Associate Court Clerk, Oberrheintal District Court, 1993 – 1995
Liechtensteinische Landesbank:
- Legal counsel, 1995 – 1998
- Head of Legal & Compliance, 1998 – 2006
- Head of Institutional Clients Division, 2007 until April 2011
- Member of the Group Executive Board and the Board of Management, since April 2011
- Head of Domestic Market and Institutional Market Divisions, April 2011 until June 2012
- Head of Institutional Clients Division, July 2012 until June 2016
- Head of Retail & Corporate Banking Division since July 2016
- Vice Group Chief Executive Officer, July 2012 - 2021
Board of Directors mandates in Liechtensteinische Landesbank Group companies:
- Bank Linth LLB AG (Chairman)
- LLB Asset Management AG (Member)
Other functions:
- Member of the Board of Trustees of the "Future Foundation of Liechtensteinische Landesbank AG"
Natalie Flatz
Head of Institutional Clients Division
1977, AT
Joined the Group Executive Board:
2016
Education:
- Mag. Iur., University of Innsbruck, 2000
- Executive Master of European and International Business Law, University of St. Gallen, 2006
- Diploma of Advanced Studies (DAS) in Banking, 2017
Professional career:
- Legal assistant at the Liechtenstein Bankers Association, 2003 – 2005
- Private labelling client adviser at the Liechtenstein Fund Management Company IFOS, 2006 – 2007
- Member of senior management at the Liechtenstein Fund Management Company IFOS, 2008 – 2011
Liechtensteinische Landesbank:
- Head of Institutional Clients Business Unit, 2011 – June 2012
- Head of Fund Services Business Ares, July 2012 – June 2016
- Member of the Group Executive Board and the Board of Management, since July 2016
- Head of Institutional Clients Division, July 2016 – 2021
- Head of the International Wealth Management Division, from 2022
Board of Directors mandates in Liechtensteinische Landesbank Group companies:
- Liechtensteinische Landesbank (Österreich) AG (Member)
- LLB Fund Services AG (Chairwoman)
- LLB Swiss Investment AG (Chairwoman)
- LLB Asset Management AG (Chairwoman)
- LLB Invest KAG (Member)
- LLB Invest AGmvK (Member)
Other functions:
- Member of the Board of Trustees of the "Future Foundation of Liechtensteinische Landesbank AG"
Patrick Fürer
Group Chief Operating Officer
1965, CH
Entry into Group Executive Board:
2019
Education:
- Licentiate in economics at the University of St. Gallen, 1990
- Dr. oec. HSG, University of St. Gallen, 1993
Professional career:
- IT Project Controller and Head of Controlling of the IT Division at the Union Bank of Switzerland, Zurich, 1991 – 1994
- Chief of Staff, Trading & Sales at the Union Bank of Switzerland, Zurich, 1995 – 1998
- COO at WestLB Panmure, London, 1998 – 2002
- CEO at WestLB Panmure, London, 2002 – 2003
- Group Head of Operations at WestLB AG, Düsseldorf, London, 2003 – 2006
- Member of the Executive Board and Head of IT and Processing at Raiffeisen Bank, Switzerland, St. Gallen, 2007 – 2008
- Member of the Executive Board and COO at Morgan Stanley Bank AG, Zurich, 2009 – February 2016
- CEO of Morgan Stanley Bank AG, Zurich, March 2016 – June 2017
- CFO at Notenstein La Roche Privatbank AG, St. Gallen, July – September 2017
- CEO at Notenstein La Roche Privatbank AG, St. Gallen, October 2017 – December 2018
Liechtensteinische Landesbank:
- Member of Executive and Group Executive Boards since January 2019
- Group Chief Operating Officer, January 2019 - 2021
- Group Chief Digital & Operating Officer, from 2022
Board of Directors mandates in Liechtensteinische Landesbank Group companies:
- Liechtensteinische Landesbank (Österreich) AG (Member)
Other functions:
- Member of the Board of Trustees of the "Future Foundation of Liechtensteinische Landesbank AG"
Christoph Reich
Group Chief Financial Officer
1974, CH
Entry into Group Executive Board:
2012
Education:
- Federally qualified licentiate in economics, FHS St. Gallen, 1999
- Executive MBA, University of St. Gallen (HSG), 2009
- DAS Compliance Management, University St. Gallen, 2021
Professional career:
- Commercial apprenticeship, St. Galler Kantonalbank, Buchs (SG), 1990 – 1993
- Investment advisor for private clients, St. Galler Kantonalbank, Wil (SG), 1994 – 1996
- Senior consultant, KPMG Consulting (from October 2002, Bearing Point), Zurich, 1999 until mid-2003
- Team manager Budget and Management Services, Asian Development Bank, Manila / Philippines, 2003 – 2006
- Partner at Syndeo AG, Head of Accounting and ontrolling for Banks, Horgen / ZH, end of 2006 until October 2010
Liechtensteinische Landesbank:
- Head of Group Finance & Risk Department, November 2010 until January 2012
- Member of the Group Executive Board and the Board of Management, since January 2012
- Chief Financial Officer, January 2012 until June 2012
- Group Chief Financial Officer, since July 2012
- Deputy Group Chief Executive Officer, from 2022
Board of Directors mandates in Liechtensteinische Landesbank Group companies:
- Liechtensteinische Landesbank (Österreich) AG (Vice Chairman)
- Bank Linth LLB AG (Member)
- LLB Asset Management AG (Member)
- LLB Verwaltung (Schweiz) AG (Chairman)
- LLB Holding AG (Chairman)
Other functions:
- Member of the Board of Trustees of the "Future Foundation of Liechtensteinische Landesbank AG"
- Member of the Liechtenstein Deposit Protection and Investor Compensation Foundation (EAS)
4.2 Other activities and commitments
Apart from the mandates specified under 4.1, the members of the Group Executive Board are not involved in the management or supervisory boards of important Liechtenstein, Swiss or foreign private or public law corporations, establishments or foundations, nor do they exercise any permanent management or consultancy functions for important Liechtenstein, Swiss or foreign interest groups, nor do they perform official functions or hold political office.
4.3 Number of permitted activities
Liechtensteinische Landesbank AG is not subject to the Swiss ordinance against excessive compensation in listed public limited companies (OaEC). Liechtensteinische Landesbank AG has not issued any regulations on the number of permitted activities.
4.4 Management contracts
The Liechtensteinische Landesbank has not concluded any management contracts.