EFG International nominates Philip Lofts for election to its Board of Directors

– SWITZERLAND, Zürich –  EFG International (SWX: EFGN) today announced the nomination of Philip Lofts for his election to its Board of Directors at the AGM on 21 April 2023, to succeed Susanne Brandenberger, who will not stand for re-election to the Board.

“We are very pleased to propose Philip Lofts for election as a new member of EFG’s Board of Directors and as the new Chair of the Risk Committee. Phil has vast expertise in the area of risk management and gained broad international experience in the financial industry in Europe, Asia and the US. I am convinced that he will be instrumental in further enhancing EFG’s risk framework and in driving and supporting EFG’s growth strategy,” said Board Chair, Alexander Classen.

Philip Lofts will also join the Risk Committee as its chair.

About Philip Lofts

Philip Lofts is a proven risk management expert and a recognized leader in the international banking industry with more than four decades of experience. He spent over 30 years at UBS Group in various executive and management roles including being a member of the Group Executive Board from 2008 to 2015. He served as the Group CRO from 2008-2010 and 2012-2015 and as the CEO of UBS Americas in 2011. Before joining the Group Executive Board, he held several senior risk management roles in the Investment Bank and at the Group. He had gained international experience from working and living in Europe, Asia, and the US. Since 2017, he has served as a Non-Executive Director of UBS Group Americas, a position that he will be stepping down from on 31 March 2023.

For more information: https://www.efginternational.com/