Tag Archives: Pierin Vincenz

The former Raiffeisen CEO has been dogged by suspicions of conflict of interest during his tenure as Raiffeisen boss, during which he personally invested in subsidiaries of the banking group. Keystone / Gian Ehrenzeller The Zurich public prosecutor has accused the ex-CEO of Swiss bank Raiffeisen Pierin Vincenz of fraud, embezzlement and bribery following a two-year criminal investigation. In a statement released on Tuesday, the district attorney general said that it...

(Keystone) - Click to enlarge Johannes Rüegg-Stürm, the chairman of the board of directors of Switzerland’s third-largest bank has resigned from his position with immediate effect. The bank hopes turn a new page following the arrest and criminal proceedings against former CEO Pierin Vincenz. A statementexternal link released by the bank on Thursday, said the move was intended to “preserve the long-term credibility of...

Vincenz built Raiffeisen up during his tenure as CEO (Keystone) - Click to enlarge Zurich prosecutors have opened criminal proceedings against the former chief executive of Swiss banking group Raiffeisen, Pierin Vincenz, looking into suspicions of misdealing. The bank has also joined the probe as a private complainant. “Raiffeisen is therefore making a maximum contribution to the complete clarification of...

The chairman of the Swiss insurance company Helvetia, Pierin Vincenz, has resigned. The Swiss financial regulator, FINMA, is currently investigating his activities during his time in charge of the Raiffeisen bank. In a statementexternal link released on Monday, Helvetia said Vincenz had stepped down with immediate effect. He had been a member of the Helvetia board since 2000 and chairman since October 2015. Vincenz...