LLB boss Roland Matt departing for LGT
LGT Bank AG has appointed Roland Matt as its new CEO. The current CEO of Liechtensteinische Landesbank (LLB) will succeed Roland Schuber at LGT with effect from the start of 2022. LLB has named Urs Müller as interim CEO with immediate effect.
With effect from the start of 2022, Roland Matt is the new CEO of LGT Bank AG, which is part of the LGT Private Banking Group, according to a press release issued by the banking group owned by the Princely Family of Liechtenstein. Up to this point, the CEO-elect has worked for Liechtensteinische Landesbank, where Matt has been Group CEO since 2012.
Born in 1970, the banking specialist is set to join LGT in the fall of this year before succeeding Roland Schubert as CEO of LGT Bank AG at the beginning of 2022, the press release explains further. Schubert will make the switch to the Board of Directors of LGT Bank AG at the turn of the year.
“We are pleased that Roland Matt will take over responsibility for LGT Bank AG as CEO”, comments Prince Max von und zu Liechtenstein, Chairman LGT, in the press release, before adding: “With his experience, track record and personal background he has the ideal prerequisites for this role”. The CEO-elect will also join the Board of LGT Private Banking, the press release states further.
Liechtensteinische Landesbank regrets the departure of its CEO. “As a widely recognized leader, Roland Matt has contributed significantly to the sustainable and forward-looking development of the LLB Group”, comments Gabriela Nagel-Jungo, Vice Chairwoman of the Board of Directors, in a separate press release issued by the LLB Group. Nagel-Jungo goes on to mention that the banking group has appointed Urs Müller, Head of the Private and Corporate Clients division, as interim CEO with immediate effect. The recruitment process to appoint a definitive successor has already been initiated, the press release states