LLB AG: Resignation of Chairman of the Board of Directors Georg Wohlwend
Vaduz, 4 November 2020. Georg Wohlwend has decided to resign as Chairman of the Board of Directors of the Liechtensteinische Landesbank AG (LLB). His decision is due to criminal proceedings against him that are unrelated to his work at the LLB Group.
Georg Wohlwend firmly denies the allegations. To avoid any burden on the LLB, he has informed the Board of Directors of his resignation. The Board of Directors takes note of this decision with great regret. Georg Wohlwend is resigning from the Board of Directors with immediate effect. Vice Chairwoman Gabriela Nagel-Jungo is assuming his responsibilities effective 4 November 2020.
Georg Wohlwend has served as Chairman of the Board of Directors of the LLB AG since 2017. The LLB would like to thank him for his extraordinary efforts on behalf of the company. He contributed substantially to the successful implementation of the ongoing strategy, StepUp2020. The LLB wishes Georg Wohlwend all the best for the future.
Brief portrait
Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The majority of the company’s share capital is held by the Principality of Liechtenstein. LLB’s shares are listed on the SIX Swiss Exchange (symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services as a universal bank, in private banking, asset management and fund services. With 1'213 employees (full-time equivalent positions), LLB is represented in Liechtenstein, Switzerland, Austria, Germany and the United Arab Emirates. As per 31 December 2023, the business volume of the LLB Group stood at CHF 102.2 billion.
Important dates
- 19 April 2024, 32nd ordinary General Meeting of Shareholders
- 23 April 2024, ex-dividend date
- 25 April 2024, distribution dividend
- 26 August 2024, presentation of 2024 interim business result
Contact
Liechtensteinische Landesbank AG
Dr. Cyrill Sele
Head of Group Corporate Communications & Sustainability
Telephone +423 236 80 99
Internet llb.li