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vp bank faces turmoil as profits plummet and management changes ensue
VP Bank is facing significant turmoil, with profits plummeting over 50% to just under 19 million in 2024. CEO Mara Harvey has been dismissed, and two experienced customer advisors from the offshore division have resigned, raising concerns about the bank's future under operational-focused leadership. The management's inability to stabilize the situation has left many questioning the direction of VP Bank.
former vp bank ceo joins wrise singapore as non-executive director
Paul Arni, former CEO of VP Bank, has joined WRISE Singapore as a non-executive director, effective immediately. He will guide the firm's corporate strategy, governance, and risk management, emphasizing the importance of robust governance in wealth management. WRISE Group is expanding its presence in Asia, having recently launched offices in Shenzhen and Dubai.
former vp bank ceo joins wrise singapore as non-executive director
Paul Arni, former CEO of VP Bank, has joined WRISE Singapore as a non-executive director, effective immediately. He will guide the firm's corporate strategy, governance, and risk management, emphasizing the importance of robust governance in wealth management. WRISE Group is expanding its presence in Asia, having recently launched offices in Shenzhen and Dubai.
former vp bank ceo joins wrise singapore board as non-executive director
WRISE Singapore has appointed Paul Arni, former CEO of VP Bank, as a non-executive director. With over 30 years in wealth management and private banking, he will provide insights on corporate strategies, risk management, and governance as the firm seeks to enhance its strategic vision in a competitive market. Derrick Tan, executive chairman of WRISE Group, expressed confidence in Arni's expertise and its value to the company's growth.
Wrise appoints former VP Bank CEO Paul Arni to its board
Wrise Singapore has appointed Paul Arni, the former CEO of VP Bank, as a non-executive director on its board. With over 30 years of experience in private banking, Arni will concentrate on the firm's strategic direction, risk management, and governance. He previously held senior roles at Deutsche Bank, Julius Baer, and Credit Suisse.
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