Board of Directors

The Board of Directors is entrusted with the ultimate direction of Cembra Money Bank's business and the supervision of the persons entrusted with the Company's management. It represents the Company towards third parties and manages all matters which have not been delegated to another body of the Company by law, the Articles or by other regulations.

The Chairman of the Board of Directors, the members of the Compensation and Nomination Committee and the other members of the Board of Directors are elected on an individual basis at the Annual General Meeting. Each member serves a one-year term.

Based on the requirement of the FINMA Circular 17/1 the Board of Directors in its totality has adequate management expertise as well as the pre-requisite specialist knowledge and experience of the banking and financial services sector. Furthermore, the skills for key aspects of the business, including finance, accounting and risk management, are adequately represented.

For the current mandate period (April 2020 – April 2021) the composition of the Board Committees is as follows:
Compensation & Nomination Committee: Urs Baumann, Katrina Machin and Peter Athanas
Audit & Risk Committee: Monica Mächler, Denis Hall and Thomas Buess

All members of the Board of Directors are non-executive members.

The Board of Directors proposes Susanne Klöss-Braekler and Martin Blessing as new members of the Board of Directors at the Annual General Meeting on 22 April 2021. They will succeed Peter Athanas and Katrina Machin who will not stand for re-election. Upon election, both Martin Blessing and Susanne Klöss-Braekler will become independent members of the Board of Directors of Cembra Money Bank AG.

Name
Function
Committee Membership
First Elected
End Current Period

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