IHAG Privatbank with new CEO
IHAG Privatbank is getting a new CEO. Daniel Lipp (52) will take over the management of the private bank as of August 1, 2017. He succeeds Heinz Stadler.
Daniel Lipp becomes new CEO of IHAG Privatbank. Daniel Lipp has been a member of the Executive Board of St. Galler Kantonalbank since 2008 and in this function was Head of Private Banking. Previously, Lipp worked for UBS in Geneva and Marbella and for Swiss Bank Corporation in London. Daniel Lipp graduated from the St. Gallen School of Business and Administration and holds an Executive MBA from the University of St. Gallen.
Daniel Lipp succeeds Heinz Stadler, who has served on the management board of IHAG Privatbank for almost a quarter of a century, including more than 15 years as its chairman. Heinz Stadler (60) has decided to step down from his position for age reasons. In the future, he will perform individual mandates for the owner families Anda and Bührle. The bank's Executive Committee is composed of Daniel Lipp and the current members Roland Kempf, Thomas Kistler and Peter D. Rüegg.
IHAG Privatbank closed the 2016 financial year with a good result. In the current year, the bank expects moderate economic growth and continued low interest rates.
