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efg international announces dividend increase and new board appointments
Efg International's annual general meeting confirmed a dividend of 0.60 Swiss francs per share, marking a 9% increase from the previous year, with payment scheduled for March 27, 2025. The board saw new members Yvonne Bettkober and Wanda Eriksen elected, while several members, including Prasanna Gopalakrishnan and Périclès P. Petalas, stepped down. Chairman Alexander Classen praised the outgoing members and expressed confidence in the new appointees' contributions to the company's growth.
efg international re-elects chairman and approves dividend increase
EFG International has re-elected Alexander Classen as chairman for another year and approved a 2024 dividend of SFr0.6 per share, a 9% increase from the previous year. New board members Yvonne Bettkober, Wanda Eriksen, and Luisa Delgado were elected, while several members chose not to stand for re-election. Other board members were re-elected for another term, with Konstantinos Tsiveriotis pending regulatory approval.
efg international ceo salary rises to 7.4 million francs in 2024
EFG International's CEO, Giorgio Pradelli, saw his salary rise by 35% to CHF 7.4 million in 2024, reflecting the bank's successful year with a profit of CHF 321 million. The Executive Board's total remuneration increased by nearly 50% to CHF 20.9 million, while the Chairman's fee remained at CHF 1.58 million.
efg international ceo salary rises significantly amid record profits
EFG International's CEO Giorgio Pradelli saw his salary rise to CHF 7.3 million in 2024, a 35% increase from the previous year, reflecting the bank's strong performance with a profit of CHF 321 million. The Executive Board's total remuneration also surged by nearly 50%, reaching CHF 20.9 million. Shareholders will vote on the remuneration report at the upcoming Annual General Meeting on March 21.
EFG Bank enhances Asia advisory board with new key appointments
EFG Bank has appointed Dr. Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board, enhancing its strategic focus in the Asia Pacific and Global South Asia markets. Buchmann, with over 30 years of experience in Greater China, previously held a senior role at Credit Suisse, while Gumashta brings extensive expertise from the Indian market, having served as managing director at Motilal Oswal and CEO of Julius Baer, India. Their appointments are expected to significantly contribute to EFG's growth strategy in the region.
efg bank enhances asia advisory board with new appointments
EFG Bank AG has appointed Dr. Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board. Buchmann brings over 30 years of experience in Greater China, while Gumashta has a strong focus on the Indian market. Their expertise is expected to enhance EFG's growth strategy in the region.
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