Friday , June 2 2023

Raiffeisen CEO Patrik Gisel resigns


Raiffeisen's CEO Patrik Gisels immediately resigns from all functions. As Raiffeisen Switzerland announced on Friday, the Board of Directors and Giselle have agreed. This will facilitate the withdrawal planned by the end of the year.

This should lead to a public debate on Gelsel's personality and allow the Raiffeisen group to address future challenges, the statement said. For this reason, Michael Auer, Deputy Chairman of the Board, will provide operational management until it is announced in the future.

In the past, the media had already thought of Giza's premature resignation. According to media reports, the chairman of the board and current retired Raiffeisen board member are flooded.

On Saturday (Saturday), Cooperative Bank Raiffeisen will launch a new attempt at extraordinary delegates at the Brugg-Windisch meeting to exit the former boss, Pierin Vincenz, in the shadows. The most important item on the agenda is the election of the new chairman of the board.

Most of the observers expect Guy Lachappelle to be chairman of the board. Although his candidacy had led to disputes.

Former Chief Executive Officer of Baselon Kantonalbank is primarily responsible for his role in cases involving fraudulent asset managers ASE, in which ASE clients suffered millions of losses on accounts with BKB. However, Financial Markets Authority Finma approved Lachappelle's nomination as well as other board members. The amount of further compensation was also the subject of discussion.

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