The Vaud Cantonal Parliament is debating changes to the governance of Banque cantonale vaudoise (BCV), proposing to abolish the age limit of 70 for Board of Directors members and reduce the maximum terms from four to three. While the government supports these changes for flexibility and skill retention, a compromise was reached for the Executive Board, allowing members to resign at 68 with certain conditions. A second debate on these amendments is expected next week.
