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Raiffeisen: More influence for the base

Facilitates the Raiffeisen were grandees together, they had taken care of in the event hall Stage One in Zürich-Oerlikon, just that the tradition is buried in the rich structure of Raiffeisen . In the future, the Raiffeisen group holds a General Assembly of all cooperative banks. There, each of the co-operative banks has then a voice, the voice will no longer be awarded right after a complex key. This is only one of a series of reforms, with the help of the co-operative Bank wants to ensure that the concentration of Power in the Era Vincenz, can no longer be a threat to the group. "We have taken important Decisions for the future," said Chairman of the Board, Guy Lachappelle.

Raiffeisen has created two new bodies for the exchange of information between the cooperatives and the Headquarters in St. Gallen. One for the strategic direction of the Bank and one for the practical cooperation. The standalone co-operatives are in the Central hearing. "We are working together again," Kurt Sidler, the President of the coordination group of the regional associations.

The new model is already approved by the Supervisory authority Finma. Remains open, to what extent the new control body, the Raiffeisen banking Council (RB-Council), is. Because he has no right to issue instructions. "The RB-Council will contribute ideas," says Sidler. This should be ignored, the threat to the Board of Directors at the next AGM of the deselection. Also will in the future vote on the compensation of the Board of Directors and of the Executive Board of Raiffeisen Switzerland. The high Salaries of the chiefs were in the past for Trouble at the base.

Still some open sites

The Bank still has some open building sites. So now a group strategy should be developed, with the help of the course will be set for the next five years. It comes in 1. Semester 2020.

Also, it should be examined how the Bank deals with the offices in major cities held by the Central. To be tested up to 2021 variants. For example, if the branches become independent, by also to the cooperatives, or whether they will be taken over by other Raiffeisen banks. Not the Decharge was proposed for the former Executive Board to Pierin Vincenz. "We want to know all the circumstances before we will submit to the Decharge of the AGM," said Lachappelle.

Created: 16.11.2019, 20:55 PM

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