The Supervisory Board of Valartis Bank (Austria) AG named Ms Monika Jung (47), who has managed the Austrian subsidiary bank of the Valartis Group AG on an interim basis since last autumn, as the new CEO with effect as of 1 February 2013. "We are confident that we have found the right person for the post of CEO in Monika Jung," explains Chairman of the Supervisory Board Erwin W. Heri: "Not only has she proven that she is a very proficient private banker who is truly client-oriented, but she has also shown that she is an excellent manager who can lead the company with vision and discipline. Due to her many years of experience, Ms Jung will be able to provide major impetus for the continued expansion of our private-banking activities in Austria and our international core markets".
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