Annual Report 2002

Contents
4 Where does the path lead us?
8 Key Figures
11 Introductory remarks by the Chairman of
the Board and the Chief Executive Officer
14 Report by the Board of Directors
18 Structure of the VP Bank Group
20 Board of Directors
21 Board of Management
22 Business Units and central staff functions
24 VP Bank Management
25 International Advisory Board
27 Corporate Governance
27 Group structure and shareholders
29 Capital structure
33 Board of Directors
39 Board of Management
42 Compensations, shareholdings and loans
44 Shareholders’ participation
45 Changes of control and defence measures
46 External Auditors
47 Information policy
49 Activities of Business Units
52 Activities of the subsidiaries and
representative offices