Saturday , October 1 2022

"Raiffeisen Switzerland will probably employ fewer people" – Economics


Kurt Sidler, how do you judge Patrik Gisel's sudden departure?

If love falls somewhere, then it stops. I have no problem with that. It is a shame that Patrik Gisel's departure should have been made in this way.

It does not threaten the next call defect because Raiffeisen does not he tell you how much money Gisel receives?

I do not know how much he gets. He just does not receive any indemnity.

When do you expect the appointment of a new chief of Raiffeisen?

I expect it to happen by the end of the year. But I do not know who the candidates are in the race.

They chaired, together with the new elected president, Guy Lachappelle, the Reform Working Group. What's next?

Now we have to form the leading board that runs the work. Owners themselves, ie Raiffeisen banks, will be present within the committee. There are several interest groups that have considered reformation – and they will be there. Associations will send representatives. And, of course, the board of directors of Raiffeisen Switzerland will also send sent. Generally, the committee is expected to have around ten members.

And most will have Raiffeisen Banks?

Raiffeisen banks will certainly have the majority.

What cornerstone of the reform is underway?

Surely there will be the new "one bank, one vote" principle, that is, each bank Raiffeisen will be able to send a representative in the future. In addition, the powers of Raiffeisen Switzerland are transferred back to Raiffeisen regions or banks. Examples could be marketing or product selection. Thus, Raiffeisen Banks will gain greater autonomy in investment products.

If Raiffeisen Switzerland continues to have the word in the strategy?

No, there are considerations on how Raiffeisen Bank's influence on group strategy can be expanded. Among other things, the creation of a new Cooperative Council, which should influence the debate on the strategy, is considered.

Should Raiffeisen Switzerland give up on tasks, will it also need smaller staff?

At the end of the process, probably Raiffeisen Switzerland will hire fewer people than before.

What should happen to Raiffeisen Switzerland Holdings, which have been bought under Pierin Vincenz – such as those from the Leonteq financial firm?

Here, the new board of directors must draw up a list of strategic and non-strategic investments. At the base we were not happy that Raiffeisen Switzerland used to accumulate so many investments. Which are sold in a concrete way, we are waiting for suggestions.

According to Bruno Gehrig's report, some investments have been bought too much. Should Raiffeisen resort to fake administrators?

For this we must first know the final report of Bruno Gehrig. But they do not exclude civil action.

At Raiffeisen, everything should be improved: on Saturday, Guy Lachappelle was elected head of the board of directors. Together with Kurt Sidler, chair of the regional association's coordination group, will reform the bank. The most important questions are the significance that the corporate headquarters should have in the future and who will succeed Patrik Gisel, who had to hurry up the chief post due to a delicate love affair in the company on Friday.

(Tamedia Editors)

Created: 11.11.2018, 23:07 watch

Searching for Gisel's successor

An important position was occupied at Raiffeisen on Saturday. Guy Lachappelle was elected the new chairman of the council. Now it's about finding the right candidate for vacancy. After the premature departure of Patrik Gisel, the president of Raiffeisen Michael Auer is the interim chief. Three to five candidates are on the shortlist. The names are not known. Industry is speculating about Postfinance Chief Hansruedi Köng, Stephen Loacker, former head of the Helvetia insurer or former CS-top Dagmar Kamber-Borens. However, according to the financial portal "Finews", it has no interest. Before the end of the year, the new chief should be determined, so Lachappalle towards "SonntagsZeitung". When the candidate starts his job, be open. That depends on when he can get rid of his current employer.

He will not only deal with the Vincenz business. According to Lachappelle, banks should place their income on a wider basis. "If we put the bank on the mobile phone, why do not we sell a mobile contract right now? We are strong in the real estate business, you could also think about moving and getting a job," said the new president of the SonntagsZeitung. (Red)

Source link