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Liechtensteinische Landesbank Names Private Banking Head

Tom Burroughes

2 July 2012

Liechtensteinische Landesbank said today it has appointed Dr Gabriel Brenna as head of its private banking division and as a member of the group executive management, rounding out a series of changes due to take effect from 1 July.

Dr Brenna was previously a partner at the management consulting firm McKinsey & Company, holding the role of head of Swiss private banking and risk management.

As part of a change to the management structure, the following market divisions have been created at the group management level: Retail & Corporate Banking , Private Banking , and Institutional Clients . This level now also includes the group chief financial officer and the group chief operating officer .

Together with the group CEO , executive management now consists of six members. The board of directors has appointed Urs Müller as deputy of group CEO Roland Matt.

As of 31 December last year, the LLB Group managed client assets of SFr48.1 billion.