The Liechtenstein Bankers Association (LBA) has announced that Hans-Werner Gassner will become the new LBA Chairman beginning on 1 June 2017. At that time, he will also retire as Secretariat Director of the Association of Independent Asset Managers in Liechtenstein (VuVL). His mandate as Chairman of the Board of Directors of the Liechtensteinische Landesbank (LLB) will end on 12 May 2017.
During the transition period from 1 April to 31 May, the current LBA Vice Chairman Norbert Biedermann will assume Association affairs on an interim basis. Biedermann, LGT’s delegate on the LBA Board, will retire at the end of June 2017 and will be succeeded by Ivo Klein, a member of the Executive Board of LGT. Klein was unanimously elected as Vice Chairman at the General Meeting on Wednesday.
“Hans-Werner is an ideal choice to serve as Chairman of the Bankers Association,and his election also continues to guarantee continuity and professionalism at the head of the Association," said outgoing Vice Chairman Norbert Biedermann. “With Ivo as the newly elected Vice President, however, I am able to pass this office on to someone who is highly regarded in Liechtenstein and has an enormous wealth of experience.”
Outgoing Chairman Adolf E. Real said that the office of the Chairman is in very good hands with Hans-Werner Gassner. “He will guide the fate of the Bankers Association with a quiet and judicial hand.”