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New Head Private Banking at LGT Bank in Liechtenstein

December 21, 2021

The Executive Board of LGT Bank Ltd. will be expanded to include an additional member. Florian Dürselen, previously Head Private Banking Europe of LGT Bank Switzerland, will assume the role of Head Private Banking for LGT Bank in Liechtenstein in the second quarter of 2022. As previously announced, Roland Matt will succeed Roland Schubert as CEO of LGT Bank Ltd. on 1 January 2022 and will become a member of the Senior Management Board of LGT Private Banking.

“With Florian Dürselen, we have been able to fill the position of Head Private Banking with a highly qualified internal candidate who has both comprehensive expertise in private banking and extensive international experience. In addition, he has known LGT very well for many years,” says Roland Matt, designated CEO of LGT Bank. Florian Dürselen is moving from LGT Bank Switzerland, where he has been responsible for Private Banking Europe as a member of the Executive Board since 2013, to Liechtenstein. Dürselen is very familiar with LGT’s parent company in Vaduz, having been a member of the Executive Board of LGT Bank Liechtenstein for three years before joining LGT Bank Switzerland.

To date, responsibility for Private Banking has rested with the bank’s CEO, whose roles included both leading the Executive Board and the direct client business. These two responsibilities will now be separated. “This creates structural clarity and efficiency and enables us to focus even more on the client business and expansion in Europe,” says Roland Matt. “We are also growing steadily in Liechtenstein. That’s why it was important to me to expand our Executive Board by adding the key Head Private Banking function.” With his experience, Florian Dürselen is predestined to further expand the core markets Liechtenstein, Switzerland, Germany and Austria, and to further drive the European business out of Liechtenstein. His appointment is subject to the approval of the supervisory authorities.

Roland Matt joined LGT on 1 October 2021 and will assume the role of CEO of Vaduz-based LGT Bank Ltd. effective 1 January 2022. He will succeed Roland Schubert, who has been appointed to the Board of Directors of LGT Bank Ltd. as a new member, in this role.

From the second quarter 2022, the Executive Board of LGT Bank will comprise a total of five members: in addition to Roland Matt and Florian Dürselen, it will include the existing members Markus Werner, Head Intermediary Business, Mark Steiner, Chief Operating Officer (COO) and Ivo Klein, Chief Risk Officer (CRO). LGT Bank is part of the LGT Private Banking group, which has been led by its CEO Olivier de Perregaux since the beginning of 2021.