Organisation

EFG International operates under clear separation of responsibilities between the Board of Directors and the Executive Committee in full compliance with Swiss banking law. The responsibilities of both bodies are defined in the Articles of Association and the Organisational and Management Regulations of EFG International AG.

The Board of Directors has responsibility for overall direction, supervision and monitoring of business. The day-to-day management operations are delegated by the Board of Directors to the Executive Committee.

The Board of Directors currently comprises 13 members, all of whom are non-executive directors.

The Executive Committee is responsible for EFG International’s overall strategy, within the respective parameters established by the Board of Directors and is accountable for all operational and organisational matters as well as for the operating results.

The Executive Committee is responsible for the day-to-day activities of the Company. Consistent with strategy approved by the Board of Directors, the Executive Committee is responsible for implementing business strategies, risk management systems, risk culture, processes and controls for managing the risks – both financial and non-financial – to which EFG International is exposed and concerning which it is responsible for complying with laws, regulations and internal policies. Details of the powers and responsibilities of the Executive Committee can be found in the Organisational and Management Regulations.

The Global Business Committee (GBC) has an advisory role to the Executive Committee in assessing and validating business strategies, key business aspects and priorities as well as in debating industry trends and issues. The GBC consists of the members of EFG International’s Executive Committee, the regional Heads and selected senior managers.

Our auditors are PricewaterhouseCoopers SA, Geneva.

EFG International’s largest shareholders are EFG Bank European Financial Group (43.7% stake) and BTG Pactual (29.0%).