St.Galler Kantonalbank head of Private Banking resigns
Swiss group St.Galler Kantonalbank AG has announced its head of Private Banking Daniel Lipp has resigned from the executive board immediately to take another professional challenge.
The resignation takes place at his own request, it said. It is understood that CEO Roland Ledergerber will continue to lead the Private Banking segment ad interim and that St.Galler Kantonalbank has started to look after Lipp’s replacement.
Lipp has been a member of the executive board and head of Private Banking since 2008.
The Cantonal Bank of St.Gallen (SGKB) has been founded in 1868. Its majority shareholder remains the Canton of St. Gallen with 54.8% of the share capital.