VP Bank has appointed Claus Jørgensen as CEO, having previously acted as interim successor to Thomas Steiger since his resignation in May.
Jørgensen holds over 25 years of experience in the financial services sector and fund management business, over a decade of which was spent based in Luxembourg.
Previously, he served as head of client business at VP Bank (Luxembourg), where he was responsible for the private banking, external asset managers, fund services, and investment advisory and portfolio management divisions.
Paul Arni, CEO of VP Bank Group and chairman of the board of directors of VP Bank (Luxembourg), commented: “I am delighted that with Claus Jørgensen we have been able to recruit a successor from our own ranks who is very familiar with the culture, business processes and clients of VP Bank.”
“As a valued management figure and respected financial professional with outstanding expertise and experience in private banking and fund management, Jørgensen is the ideal person to fill the position.”
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