LLB Österreich: First woman to chair Board of Directors
Vaduz/Vienna, 13 January 2022. Natalie Flatz has been appointed Chair of the Board of Directors of LLB (Österreich) AG, the first time this top position at the leading Austrian wealth management bank has been held by a woman. Natalie Flatz succeeds Gabriel Brenna, Group CEO of the LLB Group, who has served as Chairman of the Board of Directors of LLB Österreich since 2012.
Natalie Flatz appointed Chair of LLB Österreich
"As an Austrian, I am particularly looking forward to this new responsibility. It allows me to take on a responsible role not only for the LLB Group, but also for LLB Österreich, in my country of origin. As part of the LLB Group's ACT-26 strategy, we want to further expand our position in Austria in the coming years as the leading wealth management bank, as a unique fund powerhouse, and as a reliable partner in institutional business," says the new Chair of the Board of Directors.
A trained lawyer who studied law at the University of Innsbruck and completed a Master of European and International Business Law at the University of St. Gallen, Natalie Flatz has worked for the LLB in various management positions since 2011. She joined the Group Executive Board of the LLB Group in 2016, heading the Institutional Clients Division. As part of the Group's new strategic orientation, Natalie Flatz was entrusted with the leadership of International Wealth Management. Alongside Liechtenstein and Switzerland, Austria is one of the home markets within the Group.
First woman to hold this position
Natalie Flatz is the first woman to hold the highest position at the leading Austrian wealth management bank. According to Group CEO Gabriel Brenna, "As an Austrian with many years of banking experience in management positions, Natalie Flatz has extensive knowledge of the specific requirements of the position. Her impressive career at the LLB Group underscores this and demonstrates that diversity and an open culture are deeply anchored in the LLB's DNA. We are very proud to be a pioneer with Natalie Flatz at the head of LLB Österreich."
With assets under management of more than EUR 28 billion and approximately 220 employees, Liechtensteinische Landesbank (Österreich) AG is Austria's leading wealth management bank. As a wholly-owned subsidiary of Liechtensteinische Landesbank AG (LLB), Vaduz, LLB Österreich also benefits from the stability and excellent credit rating of its owner and can draw on the 160 years of experience of the longest established financial institute in the Principality of Liechtenstein. Since 2009, Austria has been one of the LLB Group's declared home markets, alongside Liechtenstein and Switzerland.
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 1'048 employees (full-time equivalent positions), LLB is represented in Liechtenstein, Switzerland, Austria and the United Arab Emirates (Abu Dhabi and Dubai). As per 30 June 2021, the business volume of the LLB Group stood at CHF 101.9 billion.
- 25 February 2022, presentation of the 2021 annual results
- 25 March 2022, publication of the 2021 annual report
- 6 May 2022, 30th ordinary Annual General Meeting of Shareholders
Liechtensteinische Landesbank AG
Dr. Cyrill Sele
Head of Group Corporate Communications & Sustainability
Telephone +423 236 80 99