2013-02-01 07:01:33 -

Valartis Group AG  /
Monika Jung appointed as the new CEO of Valartis Bank (Austria) AG and member of 
Group Executive Management of the Valartis Group 
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement. 

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.

Monika Jung - the right person for the job
"We  are confident that  we have found  the right person  for the post of   CEO in
Monika  Jung," explains  Chairman of  the Supervisory  Board Prof.  Dr. 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".

Ms  Jung  holds  a  Mag.  rer.  soc.  oec. in Commerce from Vienna University of
Economics  and Business and  a Master of  Science (MSc) in Executive Management.
Over the course of her 26-year career working in the banking industry, Austrian-
born Ms Jung has gained experience in Private Banking, Client Service, Portfolio
and  Fund Management. She  has been a  member of the  Managing Board of Valartis
Bank (Austria) AG since September 2010.

At  the suggestion of the Group CEO, the Board of Directors of Valartis Group AG
also named Ms Jung, in her role as the new CEO of the Austrian bank, part of the
Group Executive Mana¬gement of the Valartis Group. Here, she completes the five-
person  Group Executive Board  alongside Gustav Stenbolt  (Group CEO), George M.
Isliker  (Chief Financial Officer / Chief Risk Officer), Vincenzo Di Pierri (CEO
of  Valartis  Bank  AG,  Switzerland)  and  Andreas  Insam (CEO of Valartis Bank
(Liechtenstein) AG).

Endeavouring to expand our private-banking activities
Valartis  Bank (Austria) AG, the history of which goes back to the 19th century,
is   mirroring   the  efforts  of  its  two  sister  banks  in  Switzerland  and
Liechtenstein in focussing on the wealth management business for wealthy private
clients  and institutional  investors. The  bank's experienced, well-trained and
extremely  dedicated Private Banking team and its investment specialists focused
on  structuring total-return-oriented retail and special funds play a major role
in implementing our "Private Banking Plus" strategy.

Alongside  the targeted promotion of client acquisitions, Valartis Group is also
continuing   its  efforts  to  meet  the  increasing  regulatory  challenges  in
international  Private  Banking  in  a  more  efficient  and effective manner by
implementing  the corresponding organisational optimisation measures, and to use
the synergy potential within the Group more consistently.


If you have any questions, please contact:
Gustav Stenbolt, CEO Valartis Group, or
Björn Scheiwiller, Head of Corporate Communication
Tel. +41 43 336 81 11


Valartis Group - Private Banking Plus
Valartis  Group  is  an  internationally  active  banking and finance group with
offices  in Zurich,  Geneva, Lugano,  Vienna, Liechtenstein, Luxembourg, Moscow,
and  Singapore. The Group's holding company,  Valartis Group AG, is domiciled in
Baar,  canton  of  Zug,  and  is  listed  on  the Swiss stock exchange SIX Swiss
Exchange.

Valartis  Group focuses  on the  wealth management  business for wealthy private
clients  and  institutional  investors:  "Private  Banking Plus". In addition to
traditional  wealth management and investment advisory, Valartis Group develops,
manages   and   markets   innovative  niche  investment  products  and  provides
specialised  advisory  and  banking  services  within  corporate  and structured
finance. The Group's core markets include Central and Eastern Europe, the Middle
East and selected countries in North and South America as well as Asia.


Media Release (PDF): 
 hugin.info/143135/R/1674801/545438.pdf



This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Valartis Group AG  via Thomson Reuters ONE
[HUG#1674801]