Executive Board of Raiffeisen Switzerland

The Executive Board manages the operational business of the Raiffeisen Group. This involves in particular identifying influences and changes that have a bearing on the Raiffeisen Group's environment, developing relevant strategies and ensuring that subsequent implementation measures are taken. In accordance with the legal and regulatory framework, the Executive Board is charged with the execution of the resolutions passed by higher bodies, with the competent, secure, forward-looking and profit-oriented management of the Group, with financial and human resources organisation, and with the implementation of risk policy.

The Executive Board consists of the Chairman and seven other members. Meetings are normally held once every two weeks, led by the Chairman. The Executive Board has the power to pass resolutions if a majority of its members or their deputies are present. The Board passes most resolutions by consensus. If agreement cannot be reached, resolutions are passed by a simple majority, with the Chairman having the tie-breaking vote. Resolutions are minuted. The Extended Executive Board consists of the Executive Board plus four more members. It meets roughly every two months, and is responsible in particular for implementing strategy, acting as a risk committee, budgeting and budget control, defining application architecture, project management and making key personnel decisions. Raiffeisen Switzerland business processes are handled by seven different departments (see organisational chart). The Members of the Executive Board and of the Extended Executive Board of Raiffeisen Switzerland are elected by the Board of Directors of Raiffeisen Switzerland. The Extended Executive Board was abolished as of 1 January 2018.

Group management coordination

Group-wide meetings are held every two months in order to drive strategic coordination and consultation within the Group. They are attended by the Chairman of the Executive Board, Deputy Chairman of the Executive Board and Head of the Finance department of Raiffeisen Switzerland, as well as the CEOs of Notenstein La Roche Private Bank Ltd, Raiffeisen Unternehmerzentrum AG, Investnet Holding AG and ARIZON Sourcing Ltd.

Organisational chart (31 December 2017)

Members of the Executive Board

Dr Patrik Gisel

Chairman of the Executive Board (CEO)

Born in
1962

Nationality
Swiss

Place of residence
Erlenbach ZH

Joined Executive Board
2000

Professional background

    Raiffeisen Switzerland (since 2000)
  • Chairman of the Executive Board (since 2015)
  • Head of Market department (2005–2015)
  • Deputy Chairman of the Executive Board (2002–2015)
  • Head of Corporate Development, Finance and Information Technology/Member of the Executive Board (2000–2004)
  • Union Bank of Switzerland/UBS AG (1994–1999)
  • IT department and section head
  • Boston Consulting Group (1993–1994)
  • Banking and insurance consultant
  • Swiss Bank Corporation (1987–1993)
  • Group Head of Financial IT System Development
  • University of St.Gallen (1987–1993)
  • Assistant and lecturer

Education

  • Doctorate at the University of St.Gallen (1992)
  • Degree at the University of St.Gallen (1988)

Significant directorships

  • Member of the BoD and the Committee of the Swiss Bankers Association, Basel
  • Member of the BoD and the Risk Committee of SIX Group Ltd, Zurich
  • Deputy Chairman of the Board of Directors of Pfandbriefbank schweizerischer Hypothekarinstitute AG, Zurich
  • Member of the BoD and the Investment and Risk Committee of Helvetia Swiss Insurance Company Ltd, St.Gallen
  • Chairman of the CEO Circle, UNICO Banking Forum
  • Member of the BoD of Schweizerische Management Gesellschaft, Zurich
  • Chairman of the BoD of Notenstein La Roche Private Bank Ltd, St.Gallen
  • Member of the BoD of ARIZON Sourcing Ltd, St.Gallen
  • Member of the Management Board of the Betula Association, Romanshorn
  • Member of the BoD of Ergis AG, Wald (AR)
  • Lecturer at the University of Zurich
  • Member of the Foundation Board of Ostschweizerische Stiftung für klinische Krebsforschung (OSKK), St.Gallen

Michael Auer

Head of Private & Affluent Clients department and
Deputy Chairman of the Executive Board

Born in
1964

Nationality
Swiss

Place of residence
Speicher AR

Joined Executive Board
2008

Professional background

    Raiffeisen Switzerland (since 2001)
  • Head of Private & Affluent Clients department/Member of the Executive Board (since 2015)
  • Head of Bank Relationship Management/Member of the Executive Board (2008–2015)
  • Head of Human Resources Management (2001–2008)
  • Human Leverage AG and hrGate AG (1999–2001)
  • Managing Director
  • Swiss Bank Corporation (1990–1999; since 1997: UBS AG)
  • Head of HR in the Corporate Clients unit
  • Head of the Logistics unit
  • Head of the Regional Training Centre in St.Gallen

Education

  • HWV St.Gallen (1987–1990)
  • Executive MBA University of St.Gallen (1999)

Significant directorships

  • Member of the Retail Banking Steering Committee
  • Member of the Foundation Board of Swiss Museum Pass
  • Chairman of the Executive Board, UNICO Banking Forum
  • Member of the BoD of Aduno Holding AG
  • Member of the BoD of TWINT Ltd
  • Member of the BoD of Säntis Schwebebahn AG
  • Chairman of the BoD of the Raiffeisen Pension Fund and Raiffeisen Employer Foundation
  • Member of the BoD of Notenstein La Roche Private Bank Ltd
  • Member of the Coordination Domestic Banks
  • Chairman of the BoD of Raiffeisen Immo Ltd

Paulo Brügger

Head of Central Bank department

Born in
1966

Nationality
Swiss

Place of residence
Zumikon ZH

Joined Executive Board
2007

Professional background

    Raiffeisen Switzerland (since 2003)
  • Head of Bank Central Bank department/Member of the Executive Board (since 2005)
  • Head of Trading department (2003–2005)
  • UBS AG (1995–2003)
  • Global Head Product Management Treasury Products (2001–2003)
  • Regional Head Foreign Exchange Trading (1998–2001)
  • Global Risk Management Group Proprietary Trading (1995–1998)
  • Julius Bär (1993–1995)
  • Treasury Products Proprietary Trading/Currency Fund Management
  • Union Bank of Switzerland (1988–1993)
  • Deputy Head of the Interest and Futures Trading desk

Education

  • Degree in Business Administration from the KSZ, Economy School Zurich (1995)
  • Banking apprenticeship (1985)

Significant directorships

  • Member of the BoD of responsAbility Participations AG, Zurich
  • Member of the Investment Committee, Raiffeisen Pension Fund
  • Member of the BoD of Leonteq Securities Ltd, Zurich

Gabriele Burn

Head of Branches & Regions department

Born in
1966

Nationality
Swiss

Place of residence
Krattigen BE

Joined Executive Board
2008

Professional background

    Raiffeisen Switzerland (since 2008)
  • Head of Branches & Regions/Member of the Executive Board (since 2015)
  • Head of Marketing & Communication/Member of the Executive Board (2011–2015)
  • Head of Branches/Member of the Executive Board (2008–2011)
  • Raiffeisenbank Thunersee-Süd (1997–2008)
  • Chair of Executive Boards
  • Berner Kantonalbank (1992–1997)
  • Team leader Commercial/SMEs and Key Corporate Clients, various specialist and management functions
  • Bank EvK, EvK-Leasing (1989–1992)
  • Credit officer, sales team member and accounts officer
  • Berner Kantonalbank (1986–1989)
  • Credit officer, executive assistant

Education

  • CAS Digital Leadership, University of Applied Sciences in Business Administration (HWZ) Zurich (2017)
  • MAS Bank Management, IFZ Zug (2010)
  • Postgraduate diploma in bank management, Executive Master of Banking, IFZ Zug (2005)
  • Federal Banking Diploma (1996)
  • Banking apprenticeship (1986)

Significant directorships

  • Chairwoman of the Swiss Climate Foundation
  • Board member of the Green Building Association
  • Member of the Management Board of the Zurich Banking Association
  • Vice-Chairwoman of the Banking Association of the City of St.Gallen
  • Member of the Foundation Board of Ella & J. Paul Schnorf Foundation
  • Member of the Specialist Council at Lucerne University of Applied Sciences and Arts, Institute for Financial Services Zug IFZ
  • Member of the Board of Directors of the Swiss Association for Hotel Financing SGH
  • Member of the Advisory Board of Schweizer Berghilfe

Urs P. Gauch

Head of Corporate Clients department

Born in
1960

Nationality
Swiss

Place of residence
Pfäffikon SZ

Joined Executive Board
2015

Professional background

    Raiffeisen Switzerland (since 2015)
  • Head of Corporate Clients department/Member of the Executive Board
  • Credit Suisse Group, Managing Director (1985–2015)
  • Head of the SME Business Switzerland (2013–2015)
  • Head of International Corporate & Institutional Clients (2011–2012)
  • Head of Special Business & Corporate Products (2008–2010)
  • Head of Corporate Clients Switzerland – Key Accounts (2004–2007)
  • Head of Corporate Centre – Corporate & Retail Banking (2002–2003)
  • Head of Management Support Corporate Clients (2000–2001)
  • Head of Credit Recovery Mittelland/Ticino Region (1998–1999)
  • Head of the Credit Recovery Department (1993–1997)
  • Head of Controlling/Key Account Manager Corp. Clients, New York (1988–1993)
  • Project Manager Controlling, SVB, Berne (1985–1988)

Education

  • IMD Program for Senior Executives, Lausanne (2013)
  • AMP Advanced Management Program, Harvard Business School, Boston (2003)
  • Swiss Banking School, Zurich (1997)
  • Degree in Business Administration, HWV, Berne (1985)

Significant directorships

  • Member of the BoD of FL Metalltechnik AG, Grünen-Sumiswald
  • Chairman of the BoD of Raiffeisen Unternehmerzentrum AG
  • Chairman of the BoD of Business Broker AG, Zurich
  • Chairman of the BoD of Business Broker Investment AG, Zurich
  • Member of the BoD of Investnet AG
  • Member of the BoD of Investnet Holding AG
  • Member of the BoD of KMU Capital AG
  • Member of the BoD of Vorsorge Partner AG
  • Member of the Management Board of Epi-Suisse

Rolf Olmesdahl

Head of IT department (CIO)

Born in
1963

Nationality
Swiss

Place of residence
Cham ZG

Joined Executive Board
2015

Professional background

    Raiffeisen Switzerland (since 2015)
  • Head of the IT department/Member of the Executive Board
  • Zurich Insurance Group, Member of the Group Leadership Team (2011–2015)
  • Global Head of Application Development & Maintenance (2014–2015)
  • Chief Information Officer General Insurance (2011–2014)
  • UBS (1979–2009)
  • Chief Information Officer Wealth Management, Retail and Commercial Banking/Member of the Group Managing Board (2005–2009)
  • Banking apprenticeship, IT trainee, various global management and project manager functions (1979–2005)

Education

  • Executive MBA IMD Lausanne (1999–2000)
  • Swiss Banking School/Swiss Finance Institute (1995–1997)
  • Business administration degree from the KSZ (1989–1991)
  • Federal Diploma in Organisation (1989)
  • Federal Certificate in Office Organisation (1987)
  • Banking apprenticeship (1979–1982)

Significant directorships

  • Chairman of the BoD of ARIZON Sourcing Ltd, St.Gallen
  • Member of the Research Council, Institute of Information Management HSG, University of St.Gallen

Dr Christian Poerschke

Head of Services department

Born in
1974

Nationality
Swiss/German

Place of residence
Speicher AR

Joined Executive Board
2015

Professional background

    Raiffeisen Switzerland (since 2005)
  • Head of Services department/Member of the Executive Board (since 2015)
  • Head of Corporate Development & Controlling (2007–2015)
  • Head of Corporate Controlling (2005–2007)
  • EFTEC, EMS-TOGO (2002–2005)
  • Business Development & Controlling
  • Roland Berger Strategy Consultants (2000–2002)
  • Consultant

Education

  • Doctorate at Philipps-Universität Marburg (2007)
  • Business administration degree at the University of Münster (1996–2000)

Significant directorships

  • Member of the Foundation Board of the Swiss Finance Institute

Marcel Zoller

Head of Finance department (CFO)

Born in
1957

Nationality
Swiss

Place of residence
Goldach SG

Joined Executive Board
2008

Professional background

    Raiffeisen Switzerland (since 2008)
  • Head of the Finance department/Member of the Executive Board
  • St.Galler Kantonalbank (1981–2007)
  • Head of Service Centre, Deputy CEO (2001–2007)
  • Head of Private and Commercial Clients market area (1996–2000)
  • Deputy project manager for KB-fit strategy project (1994–1996)
  • Branch manager (1989–1994)
  • Assistant branch manager (1981–1989)
  • Swiss Bank Corporation (1980–1981)
  • Administrator in precious metals and foreign notes trading
  • St.Galler Kantonalbank (1976–1980)
  • Administrator

Education

  • Stanford Executive Program, United States (2001)
  • Management training at SKU, Switzerland, courses in business management (1997)
  • Executive Program, Swiss Finance Institute (1990)
  • Federal Banking Diploma (1985)
  • Banking apprenticeship (1976)

Significant directorships

  • Chairman of the BoD of Jagd & Natur Medien AG
  • Member of the Management Board, the Finance and Audit Committee and the Strategy Committee of the Valida Foundation, St.Gallen
  • Member of the BoD of QIQ Qcentris AG
  • Member of the BoD of Investnet Holding AG
  • Member of the BoD of Investnet AG
  • Member of the BoD of KMU Capital AG

Management contracts

There are no management contracts with third parties at Raiffeisen.

Compensation and loans

Information about compensation and loans of the members of the Board of Directors and Executive Board can be found in the section entitled "Remuneration report".