Annual Reports 2011 V ontob el Group - Vontobel Holding AG

3.1 Members of the Board of Directors as of 31 December 2011:
Name Function Nationality
Information relating to Corporate Governance
Committee
membership 1 Initial election Term expires
Herbert J. Scheidt Chairman CH / D NCC 2011 2012
Bruno Basler Vice-Chairman CH NCC2 2005 2012
Prof. Dr Ann-Kristin Achleitner Member D RAC 2009 2012
Dr Philippe Cottier Member CH RAC 2009 2012
Peter Quadri Member CH NCC 2005 2012
Dr Frank Schnewlin Member CH RAC2 2009 2012
Clara C. Streit Member D / US NCC 2011 2012
Dr Pierin Vincenz Member CH 2005 2012
1 Further information on the Committees is provided below under “Internal organization”
NCC: Nomination and Compensation Committee
RAC: Risk and Audit Committee, until 31-12-11 Audit Committee (AC)
2 Chair
Resignations in 2011
Dr Urs Widmer Member until 03-05-11
Dr Wolfhard Graetz Member until 03-05-11
Dr Hans Vontobel has been Honorary Chairman of Vontobel Holding AG and Bank
Vontobel AG since 1991.
In the year under review, Herbert J. Scheidt exercised the function of Chief Executive
Officer of the Vontobel Group until 3 May 2011, when he was elected Chairman of
the Board of Directors of Vontobel Holding AG. No other member of the Board of Directors
of Vontobel Holding AG exercised any operational management functions for
the company or one of its subsidiaries in 2011. Any previous executive functions are
detailed below. The Chairman of the Board of Directors of Vontobel Holding AG,
Herbert J. Scheidt, has a seat on the Board of Directors of Helvetia Holding AG in
connection with Vontobel’s cooperation with Helvetia. Bruno Basler is Vice-Chairman
of the Board of Trustees of the Vontobel Foundation and thus represents the interests
of majority shareholders. Dr Pierin Vincenz represents Raiffeisen Switzerland
on the Board of Directors of Vontobel Holding AG. The Vontobel Group and Raiffeisen
Switzerland have a long-term cooperation agreement (see note 41). Dr Philippe
Cottier was CEO of Harcourt Investment Consulting AG, a subsidiary of Vontobel
Holding AG, until 30 June 2007. He subsequently held the position of Senior Advisor,
member of the Board of Directors and member of the Investment Committee of this
company until the end of March 2009.
As at 31 December 2011, the majority of members of the Board of Directors of Vontobel
Holding AG met the independence criteria prescribed in the FINMA Circular
08/24 “Supervision and Internal Control at Banks”. They are: Prof. Dr Ann-Kristin
Achleitner, Peter Quadri, Dr Frank Schnewlin and Clara C. Streit. Dr Philippe Cottier
has been classed as an independent member of the Board of Directors since 1 April
2011.
3. Board of Directors
Vontobel Group, Annual Reports 2011 49