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Andreas Diemant to join BCV as head of the Corporate Banking Division

BCV’s Board of Directors has appointed Andreas Diemant to the Bank’s Executive Board as head of the Corporate Banking Division. Mr. Diemant, currently head of UBS’s Swiss institutional clients unit and a member of that bank’s management board for corporate and institutional clients, will join BCV on 1 September 2017. He will replace Jean-François Schwarz, who has been in charge of corporate banking at BCV since 2003 and will retire on 30 June.

BCV’s Corporate Banking Division comprises the SME, Large Corporates and Trade Finance Departments, and is one of the Bank’s four core customer-facing businesses. It plays a key role in the economic development of Vaud Canton through the many banking products and services it provides to local firms.

Andreas Diemant, born in 1968, holds a B.Sc. in Business Administration from the Bern University of Applied Sciences and an Executive MBA from the Universities of Bern and Rochester. He began his career in insurance, working for Zürich Versicherungs-Gesellschaft and subsequently for La Suisse Assurances in Lausanne. He moved into banking in 1994 when he took a position at UBS in corporate banking for Switzerland's Mittelland region. He then rose through the ranks across all corporate segments to reach his current position as Head of Institutional Clients, Switzerland & Global Asset Servicing. Mr. Diemant thus has extensive experience working with corporate and institutional clients and possesses in-depth knowledge of corporate lending. He speaks fluent English and French in addition to his native German.

On 30 June, Jean-François Schwarz will retire from his position as a member of BCV’s Executive Board and head of the Corporate Banking Division. Since taking up this position in 2003, he has successfully managed BCV’s banking operations for small businesses and large corporates, as well as its trade finance activities. He introduced a new customer segmentation and services line-up for SMEs that enables the Bank to better serve those clients, and was behind the Bank’s renewed corporate client portfolio in the German-speaking part of Switzerland. Mr. Schwarz also continued developing BCV’s trade finance business and modernized the Corporate Banking Division’s sales and marketing approach and risk management processes. BCV’s Board of Directors and Executive Board would like to express their warmest thanks to Mr. Schwarz for his unwavering commitment and loyalty. His vast expertise in the local economy has been a great asset to BCV over the years.

Lausanne, Switzerland, 31 May 2017


Jean-Pascal Baechler, Corporate Communications
Tel.: +41 21 212 22 51

Grégory Duong, Investor Relations

Tel.: +41 21 212 20 71


Note to editors:
This press release is being issued outside the trading hours of the SIX Swiss Exchange in order to comply with the principles of ad hoc disclosure pursuant to the SIX listing rules.

The above text is a translation of the original French document; only the French version is authoritative.