– SWITZERLAND, St. Gallen – Raiffeisen Switzerland today announced the nominations for the election of Board member Thomas Müller as the new Chairman of the Board of Directors alongside Sandra Lathion and Dr. Martin Sieg Castagnola joining as new Board members, at Extraordinary General Meeting to be held on December 3, 2021.
“Thomas A. Müller is very familiar with the Raiffeisen Group and cooperative banking and thus offers a guarantee of continuity in management. At the same time, he has impressive professional and personal skills to lead Raiffeisen Switzerland and the entire Raiffeisen Group into the future,” said Prof. Dr. Pascal Gantenbein, Chairman of the Board of Directors a.i. of Raiffeisen Switzerland.
About Thomas A. Müller
Thomas Müller has already been a member of the Board of Directors of Raiffeisen Switzerland since 2018 and in this role has played a key role in the development of the “Raiffeisen 2025 Strategy” and the further development of the Raiffeisen Group in recent years. As a proven financial expert with extensive experience in banking, he fully meets the requirements profile and is therefore the ideal candidate for the position.
In addition to his previous activities for Raiffeisen Switzerland, Thomas A. Müller has been Chairman of the Swiss Takeover Board since 2016. Previously, the 56-year-old was Group Chief Risk Officer and member of the Executive Board of EFG International and held other management positions within the EFG Group. Before that, he was, inter alia, Group CFO of Bank J. Safra Sarasin AG and, from 2006 to 2009, a member of the Swiss Life Group’s Executive Board as Group CFO & Chief Risk Officer. Thomas Müller thus has in-depth banking expertise, many years of management experience in the financial sector, and proven experience in finance, risk, and compliance issues. He will step down from his position as Chairman of the Board of Directors of Credit Exchange AG when he takes office as Chairman of the Board of Directors of Raiffeisen Switzerland, as will his mandate as a member of the Board of Directors of Copernicus Wealth Management AG.
“I am very pleased that the Board of Directors of Raiffeisen Switzerland has expressed its confidence in me for this responsible task by nominating me. I look forward to continuing on the successful path taken by Raiffeisen and to working with my colleagues on the Board of Directors to further advance our entire cooperative banking group,” commented Thomas Müller.
About Sandra Lathion
Sandra Lathion is a long-standing expert in financial market law and compliance issues and has experience in the field of digitalization. She is currently a member of the Board of Directors of Banque Cantonale du Valais (BCVs) but will step down from this position when she takes up her position at Raiffeisen Switzerland. She is also a member of the Board of Directors of Swisscom AG, the Advisory Board of the fintech association Capital Markets and Technology Association (CMTA), and the Board of swissVR. Until 2019, she was Counsel in the Banking & Finance practice at Lenz & Staehelin in Geneva. Before that, she worked for several years as Head of Department in the Asset Management Division for the Swiss Financial Market Supervisory Authority (FINMA). Before that, she held positions as Head of Legal & Compliance Financial Products at Credit Suisse and as an attorney with a focus on Mergers & Acquisitions at Lenz & Staehelin.
About Dr. Martin Sieg Castagnola
Dr. Martin Sieg Castagnola is a proven industry expert in finance and risk management with in-depth experience in retail and private banking. He was a member of Vontobel’s Executive Board as CFO until 2020 when he stepped down from this role to support Dr. Hans-Dieter Vontobel in managing his investments and real estate. He is also Chairman of the Board of Directors of Vontobel Wealth Management SIM S.p.A. (Italy).
Before this, he worked for Zürcher Kantonalbank for more than ten years in various management positions, most recently as Head of Investment & Private Banking and member of the General Management. In addition, he was Vice-Chairman of the Regulatory Board of the Swiss Stock Exchange SIX for twelve years and served on various supervisory bodies within Vontobel Holding.
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