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Annual Report 2002

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Board of Management<br />

adolf e. real<br />

dipl. Ing. ETH, MBA,<br />

Chief Executive Officer<br />

georg wohlwend<br />

lic. oec,<br />

Head of Trust Banking<br />

andré ruppli<br />

M.A.<br />

Head of Investment<br />

Management<br />

Board of Management<br />

In the year under review, Dr. Adelgunde Sengthaler,<br />

a member of the Board of Management, decided to leave<br />

the VP Bank Group to pursue new career opportunities.<br />

During her almost ten years of activity in various functions<br />

within the Group and, in particular, those years in which<br />

she was a member of the Board of Management, she contributed<br />

significantly to the development of the VP Bank<br />

Group. Her activities mainly centered on the fields of asset<br />

management and private banking, where she was committed<br />

to achieving the highest quality. She placed similar<br />

l. to r. Fredy Vogt, Georg Wohlwend, Adolf E. Real, André Ruppli<br />

fredy vogt<br />

Certified Bookkeeper/Controller,<br />

Certified Public Accountant,<br />

CFO<br />

ernst näf<br />

Certified Banking Specialist<br />

(starting September 1, 2003)<br />

emphasis on nurturing client relationships. The Board of<br />

Directors and Board of Management are extremely indebted<br />

to Dr. Sengthaler for the valuable services she provided.<br />

In early September 2003, Ernst Näf will succeed<br />

Dr. Sengthaler as a member of the Board of Management<br />

and head of the Private Clients Division. Mr. Näf brings<br />

with him many years of experience gained in various<br />

functions and segments within the banking industry which,<br />

combined with his management skills and insight into<br />

foreign financial markets, represent a solid base for the<br />

future success of his activities on behalf of VP Bank.<br />

annual report <strong>2002</strong> | vp bank | page 21

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