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VP Bank faces turmoil as CEO Mara Harvey departs amid crisis
Mara Harvey, head of VP Bank in Zurich, has officially resigned amid a crisis at the institution, with many experienced staff leaving for competitor EFG. Her leadership faced criticism for favoritism, particularly towards former colleagues, and the bank is now under the interim CEO Urs Monstein, signaling potential downsizing and a focus on cost efficiency.
efg appoints dr urs buchmann and ashish gumashta to asia advisory board
EFG Bank AG has appointed Dr. Urs Buchmann as Vice Chairman and Ashish Gumashta to its Regional Asia Advisory Board, effective immediately. With extensive experience in Greater China and the Indian market, they will guide the bank's growth strategy in the Asia Pacific region. EFG's leadership expressed confidence in their ability to enhance the bank's offerings and capitalize on emerging opportunities.
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