Falcon Group, a Swiss private banking boutique, recently approved a new composition of the Board of Directors with Christian Wenger as the new chairman and three new Swiss Board members.

This follows the stepping down of the previous chairman Lennart Blecher after almost 13 years on the Board.

The Board is now composed as follows:

Christian Wenger (new chairman, member since 2005)

Murtadha M Al Hashmi (vice-chairman, member since 2011)

Khaled Balama AlTameemi (member since 2016)

Marc P Bernegger (new member)

Martin Keller (new member)

Dominik Schärer (new member)

Marc P Bernegger is a Fintech expert, founder of various online platforms and investor in start-ups. His last company “amiando” was awarded “Global Technology Pioneer” in 2010 by the World Economic Forum.

Martin Keller has extensive leadership experience in building and running global finance businesses with focus on asset management, private wealth management and capital markets.

Dominik Schärer has more than 30 years of experience in the financial industry, especially in the institutional area. Between 2007 and 2016 he was Chairman of Merrill Lynch Capital Markets in Zurich.

Walter Berchtold, chief executive officer of Falcon Group said: “Our reputation and our financial stability are of utmost importance. With the completion of our financial restructuring and the de-risking of our client-book we have laid the foundation for long-term success. We are highly confident of our capabilities to create sustainable value for clients, employees and our shareholder alike.”

“I am confident that Falcon will develop positively on its way to achieving long-term growth. Aabar Investments, our shareholder, remains fully committed to supporting the Group on its future path,” Wenger added. – TradeArabia News Service