Cembra Money Bank publishes Annual Report 2013 and proposes Urs Daniel Baumann for election to the Board of Directors
28 March 2014

Cembra Money Bank publishes Annual Report 2013 and proposes Urs Daniel Baumann for election to the Board of Directors

Zurich, Switzerland – Cembra Money Bank, a leading Swiss consumer finance bank, today published its Annual Report 2013 which is available online at www.cembra.ch/ar2013. The report provides comprehensive information on the business, corporate governance and financial performance of Cembra Money Bank.

Robert Oudmayer, CEO: “We are proud to present for the first time, as a listed company, our Annual Report to our investors, business partners and customers.”

 

Furthermore, the Board of Directors of Cembra Money Bank will propose at the next ordinary Annual General Meeting to be held on 13 May 2014 the election of Urs Daniel Baumann to the Board of Directors.

 

Since 2012, Urs Daniel Baumann has been Chief Executive Officer (CEO) of Bellevue Group. He has over 14 years of international management experience with leading global, regional and Swiss financial institutions; including CEO of Swisscard and Lindorff Group as well as Managing Director CEE at Barclaycard. Furthermore, he worked as consultant and manager with a top-rated global management consulting firm for more than five years. Urs Daniel Baumann is a Swiss Citizen and holds a Master in Economics & Business Administration of the University of St. Gallen (HSG) as well as a MBA of the University of Chicago.

 

Dr. Felix A. Weber, Chairman of the Board of Directors of Cembra Money Bank, commented: “I am delighted that Urs Daniel Baumann has accepted the nomination to join the Board of Directors. With his experience in the financial services industry and the credit cards business in particular, I am convinced that he will bring a valuable contribution to our Board.”

 

More details about his nomination will be made available in the invitation to the next ordinary Annual General Meeting.

 

Contacts

Media:

Brigitte Kaps; +41 44 439 8194; brigitte.kaps@cembra.ch

 

Investor Relations:

Christian Waelti; +41 44 439 8572; christian.waelti@cembra.ch