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02 October 2023

EFG International appoints Tobias Wehrli as the new CEO of EFG Bank von Ernst AG (Liechtenstein)

EFG is today announcing the appointment, subject to regulatory approval, of Tobias Wehrli as the new CEO of EFG Bank von Ernst AG (Liechtenstein), effective 02 October 2023. He succeeds Daniel Taverna, who has been appointed as EFG’s Head of Private Banking Liechtenstein. Tobias Wehrli will report directly to Franco Polloni, Head of Switzerland & Italy Region at EFG.

In his new role, Tobias Wehrli will be based in Vaduz and will focus on further strengthening EFG’s position in Liechtenstein driving the expansion of the business.

Tobias Wehrli has almost three decades of experience in the field of wealth management and private banking. He joins EFG from VP Bank AG Liechtenstein, where he spent eight years serving as a Member of the Group Executive Management and Head Intermediaries and Private Banking, Regional Management from 2020. Tobias Wehrli was previously Head of External Asset Managers and a Member of the Executive Board of St. Galler Kantonalbank. Prior to that, he held several management positions and senior client relationship roles at Credit Suisse Private Banking and UBS, where he started his career in 1996.

EFG Bank von Ernst AG is the Liechtenstein-based fully owned subsidiary of EFG International. Given its proximity to Switzerland and its location within the European Economic Area (EEA), EFG Bank von Ernst AG is strategically important for EFG: It is well positioned to serve the needs of high-net-worth and ultra-high-net-worth individuals domiciled in Liechtenstein and in the EEA, as well as Independent Asset Managers and other intermediaries in the Liechtenstein market, offering them bespoke advisory services that leverage the bank’s extensive investment expertise.

Franco Polloni, Head of Switzerland & Italy Region: “I am delighted that Tobias has joined EFG as the new CEO of EFG Bank von Ernst AG (Liechtenstein). With his extensive knowhow and vast experience, as well as his proven leadership skills, I am convinced that he will successfully drive EFG’s further growth from Liechtenstein. I would also like to thank Daniel for his great commitment and valuable contribution to EFG over the past 18 years. I am very pleased that Daniel is now taking on the role of Head of Private Banking Liechtenstein and that we will thus continue to benefit from his knowledge and experience.”

Important disclaimer

This document has been prepared by EFG International AG (“EFG”) solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for, purchase or redeem any securities regarding EFG. 

This media release includes forward-looking statements that reflect EFG’s intentions, beliefs or current expectations and projections about EFG’s future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industries in which it operates. Forward-looking statements involve all matters that are not historical facts. EFG has tried to identify those forward-looking statements by using the words ‘may’, ‘will’, ‘would’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘project’, ‘believe’, ‘seek’, ‘plan’, ‘predict’, ‘continue’ and similar expressions. Such statements are made on the basis of assumptions and expectations which, although EFG believes them to be reasonable at this time, may prove to be erroneous.

These forward-looking statements are subject to risks, uncertainties and assumptions and other factors that could cause EFG’s actual results of operations, financial condition, liquidity, performance, prospects or opportunities, as well as those of the markets it serves or intends to serve, to differ materially from those expressed in, or suggested by, these forward-looking statements. Important factors that could cause those differences include, but are not limited to: changing business or other market conditions, legislative, fiscal and regulatory developments, general economic conditions in Switzerland, the European Union and elsewhere, and EFG’s ability to respond to trends in the financial services industry. Additional factors could cause actual results, performance or achievements to differ materially. In view of these uncertainties, readers are cautioned not to place undue reliance on these forward-looking statements. EFG and its subsidiaries, and their directors, officers, employees and advisors expressly disclaim any obligation or undertaking to release any update of or revisions to any forward-looking statements in this media release and any change in EFG’s expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation.