Vontobel announces changes to its Board of Directors

8 March 2024

The Board of Directors of Vontobel Holding AG proposes that Kristine Braden, Annika Falkengren and Mary Pang be newly elected as members of the Board of Directors at the Annual General Meeting on April 9, 2024.

Kristine Braden has extensive experience in the areas of corporate governance, crisis management and compliance gained over many years in the banking industry. She most recently served as CEO and as an Executive Director on the Board of Directors of Citibank Europe Plc. headquartered in Ireland and previously held a variety of roles at Citi. She has also served as a member of various external Boards of Directors, including at the Swiss-American Chamber of Commerce, the Association of Foreign Banks in Switzerland and the Swiss Bankers Association. She is a US citizen and holds a Bachelor of Arts (Honors) in Political Science from the University of California, Berkeley.

Annika Falkengren has extensive leadership experience in international wealth and asset management as well as in corporate and investment banking. From 2017 to 2023, she was a Managing Partner at Lombard Odier Group. Before joining Lombard Odier, she worked for many years at the Swedish financial institution Skandinaviska Enskilda Banken (SEB AB), and she served as its CEO for more than ten years. She has also gained considerable experience as a member of the Board of Directors / Supervisory Board of companies including Volkswagen AG and Munich Re. She is a Swedish citizen and holds a Bachelor of Science in Business Administration & Economics from Stockholm University.

Mary Pang has proven experience in the financial services sector in the areas of client service, business strategy, management and marketing. She most recently served as Global Head of the Private Client and Family Office Group at Cambridge Associates, an investment firm headquartered in the US. Prior to that, she worked for companies including J.P. Morgan Private Bank and Goldman Sachs & Co. She also served on the Board of Advisors of the Eurasia Group Foundation as well as on the National Philanthropic Board of the American Red Cross. She is a US and British citizen and holds a Bachelor of Science in Economics & International Finance from the University of London.

“The composition of our Board of Directors plays a key role to our long-term success and is crucial in delivering on our long-term strategy, our Lighthouse Ambition. With their diverse expertise and experience, Annika, Kristine and Mary will help guide the firm through its international expansion,” says Andreas E.F. Utermann, Chairman. “We are committed to evolving our Board of Directors over time to reflect the breadth of our business and look for members with a diverse mix of experience and qualifications.”

The Board of Directors of Vontobel Holding AG also announces today that Clara C. Streit and Michael Halbherr will not stand for re-election due to other professional commitments. “We thank Clara and Michael for their commitment and their valuable contribution to the Board and distinguished service to our firm,” concludes Andreas E.F. Utermann.

Source: Vontobel