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Vaud Cantonal Council sets new age limits for BCV management positions
The Vaud Cantonal Council has approved a legislative amendment for Banque Cantonale Vaudoise (BCV), establishing a small age limit for members of the Executive Board, requiring resignation at 65 with a possible extension to 68. The Board of Directors will no longer have a 70-year limit, and the maximum terms have been reduced from four to three. The final vote saw 80 in favor, 44 against, and six abstentions.
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