The milestones achieved broaden the view and open up new horizons. Independence and profitable growth are the cornerstones of VP Bank's strategic direction.
VP Bank continues to pursue its growth strategy in 2013 by taking over the private banking activities of HSBC Trinkaus & Burkhardt (International) SA as well as the private banking related fund business of HSBC Trinkaus Investment Managers SA in Luxembourg.
In April 2014, the VP Bank Annual General Meeting approves the proposed resolution to change the company name from “Verwaltungs- und Privat-Bank Aktiengesellschaft” in “VP Bank AG” (VP Bank SA, VP Bank Ltd). The short and succinct company name is easier to understand and reflects the “VP Bank” brand name already in use.
VP Bank’s merger with Centrum Bank, Liechtenstein’s fourth-largest financial institution, represents an important growth milestone for VP Bank Group.
VP Bank celebrates its 60th anniversary. Rating agency Standard&Poor’s reconfirms in July 2016 its “A-“ rating of VP Bank and lifts its outlook to “Stable”.
At Group Executive Management level, the organisational units "General Counsel & Chief Risk Officer" and "Investment Solutions" are formed at the beginning of the year. Under the programme title "Next", VP Bank launches several extensive digitisation projects and, in the middle of the year, launches a website with state-of-the-art portal technology. This paves the way for the development of a needs-oriented, secure and flexible client portal with modularly expandable services. The rating agency "Standard&Poor's" confirms VP Bank's excellent "A-" rating and increases the outlook from "Stable" to "Positive". The positioning of the VP Bank brand undergoes a review and in August 2017, VP Bank presents itself in a fresh new brand design.
The locations in Zurich and Luxembourg move into new offices with state-of-the-art infrastructure. Dr Felix Brill joins Group Executive Management as Chief Investment Officer and Dr Urs Monstein as Chief Operating Officer. In May 2018, the rating agency “Standard & Poor's” raises VP Bank's rating from "A-" to "A" with a stable outlook. In spring, the new e-banking system with advanced portal technology is launched. Through the deals with Catella Bank and Carnegie, VP Bank completes its entry into the Scandinavian market at the end of the year.
Following the departure of Alfred W. Moeckli in January 2019, Paul H. Arni takes up his position as the new CEO of VP Bank Group in October 2019. As part of on-going upgrades to the client portal, a simple, secure and independent login procedure is introduced with “VP Bank Connect”. In July 2019, VP Bank Ltd and Hywin Wealth Management Co. announce their intention to establish a joint collaboration platform in Hong Kong. Standard & Poor's confirms its "A" rating and stable outlook for VP Bank in August 2019. VP Bank (Switzerland) Ltd receives easier access to the German market from the German Financial Market Authority. In November 2019, VP Bank successfully issues its first senior non-preferred 10-year bond totalling CHF 155 million.
Fredy Vogt steps down as Chairman of the Board of Directors and Dr Thomas R. Meier is elected as the new Chairman. As part of the reorganisation of the Credit division, CFO Siegbert Näscher and General Counsel & Chief Risk Officer Monika Vicandi leave VP Bank, and Patrick Bont is appointed Group Chief Risk Officer. Tobias Wehrli succeeds Christoph Mauchle and takes over as Head of Intermediaries & Private Banking. Thomas von Hohenhau becomes Head of the newly created Client Solutions division as part of Strategy 2026. VP Bank strengthens its position in the "Nordics" market and acquires the private banking activities of Öhman Bank in Luxembourg from the Swedish financial group Öhman. VP Bank improves its overall ranking in the Fuchsbriefe test on advisory quality to 10th place.