Chair of the Board of Directors
Dual Swiss and Greek citizen, born in 1963
Bachelor’s degree in physics from Imperial College London
Graduate of the Advanced Management Program (AMP) at the Wharton School at the University of Pennsylvania
Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM)
Eftychia Fischer was elected at the Annual Shareholders’ Meeting on 30 April 2020 and joined the Board of Directors on that date. She was appointed Chair of the Board by the Vaud Cantonal Government beginning on 1 January 2022. After graduating with a Bachelor’s degree in physics from Imperial College London, she began her career in 1986 as an interest-rate derivatives trader at Société Générale Strauss Turnbull in London. She then held managerial positions at firms in Paris and Zurich, including J.P. Morgan & Co., Julius Baer, and EFG International, and joined UBP in 2010 as the Head of the Treasury & Trading Division. She took on an additional role as the head of asset management from 2012 to 2015. Ms. Fischer has since served on several boards of directors.
Vice Chairman of the Board of Directors
Swiss citizen, born in 1955
Master's in Economics (with a specialization in business administration) from the Business and Economics Faculty of Lausanne University
Jean-François Schwarz was appointed by the Vaud Cantonal Government and joined the Board on 1 January 2019. He has over forty years of experience in the banking sector. Mr. Schwarz began his career at BCV in 1976 in corporate lending. From 1986 to 2003, he worked for Credit Suisse in Lausanne, New York, Zurich, and Geneva where he took on important roles in the bank’s lending and SME businesses. In 2003, he returned to BCV as a member of the Executive Board with responsibility for the Corporate Banking Division, which comprises the SME, Large Corporates, and Trade Finance departments. He retired in June 2017.
Member of the Board of Directors
Dual Swiss and British citizen, born in 1966
Masters degree from Cambridge University, UK
MBA from INSEAD, France
Fellow of the Institute of Chartered Accountants in England and Wales
After earning his Masters degree from Cambridge University and MBA from INSEAD, Jack Clemons started his career in auditing and subsequently became a partner at Deloitte. He then served as Chief Operating and Financial Officer for a pan-European internet group. In 2006, Jack Clemons joined Lausanne-based Bata, a leading global manufacturer and retailer of footwear, as Chief Financial Officer; he was later appointed Chief Executive Officer, a position he held until 2015. Since then, he has served on the boards of several companies. A Chartered Accountant and former auditor, he has extensive experience in managing large corporations and helping them implement digital strategies. Jack Clemons was elected at the Annual Shareholders’ Meeting held on 21 April 2016 and joined the Board on that date.
Member of the Board of Directors
Dual Swiss and Dutch citizen, born in 1960
Degree in humanities from the University of Zurich
Ingrid Deltenre was elected at the Annual Shareholders’ Meeting on 1 May 2014 and joined the Board on that date. After graduating from the University of Zurich with a humanities degree, she held various executive positions in publishing before becoming CEO of Publisuisse in 2000. Ingrid Deltenre was appointed to head up Schweizer Fernsehen (SF), the leading public TV broadcaster in German-speaking Switzerland, in 2004, and held this position for six years. From 2010 to 2017, Ingrid Deltenre was Director General of the Geneva-based European Broadcasting Union (EBU), an organization with close to 400 employees. Since then, she was appointed at several Boards of Directors.
Member of the Board of Directors
Dual Swiss and Italian citizen, born in 1963
Master's degree in economics from the University of Geneva
Fabienne Freymond Cantone, who was appointed to the Board of Directors by the Vaud Cantonal Government, took up her position on 26 April 2018. She began her professional career at Arthur Andersen and then worked at Banca della Svizzera Italiana. She served on the finance committee of the Nyon municipal legislature from 1998 to 2006, and was head of finance in the Nyon municipal government from 2006 to 2011. She was a member of the Vaud Cantonal Parliament from 2002 to 2018, where she served on the finance committee until 2012, and became chair of the parliament’s control committee in 2017. She sits on the boards of several companies.
Member of the Board of Directors
Swiss citizen, born in 1960
Apprenticeship in banking
Degree in economics from the Zurich Fachhochschule
Numerous certifications in auditing and risk management
Stefan Fuchs was appointed by the Vaud Cantonal Government and joined the Board on 1 July 2023. In 1991 he was licensed by the Swiss Federal Banking Commission as a lead auditor for banks, securities firms, and investment funds. He worked for over 35 years first for the auditing and consulting firm Andersen and then for Ernst & Young (EY) following the merger of those two firms in 2002. Mr. Fuchs has acquired extensive experience through auditing assignments in banking and asset management. From 2002, he served in various audit-related executive functions at EY, and in 2017 he took over responsibility for compliance, risk management, and professional standards in the financial sector as the professional practice director in EY’s financial services division. He joined the financial services committee for EY Switzerland in 2020. Since joining BCV’s Board, Mr. Fuchs has chaired the Audit and Risk Committee.
Member of the Board of Directors
Swiss citizen, born in 1955
Degree in civil engineering from the Swiss Federal Institute of Technology Zurich (ETH Zurich)
Postgraduate degree in railways business management from the Swiss Federal Institute of Technology Lausanne (EPFL)
Numerous management, marketing, finance, and human resources courses in Switzerland and abroad, including New York
Pierre-Alain Urech was elected at the Annual Shareholders’ Meeting on 29 April 2021 and joined the Board on 1 January 2022. He is a former Swiss Federal Railways (SBB) Executive Board member and former CEO of Romande Energie, and currently serves as the Vice Chairman of the SBB’s Board of Directors. Mr. Urech has extensive experience in business management, strategy development, risk management, and serving on a board of directors, as well as deep roots in Vaud Canton. He serves on several boards of directors, including three as chair. Since 5 July 2024, he has chaired the Compensation, Promotions and Appointments Committee.
Following an in-depth review, the Board of Directors decided to turn the Audit Committee into an Audit and Risk Committee with effect from 1 January 2010. The aim is to expand the Committee's role in matters of risk management and control. Specifically, the Audit and Risk Committee helps the Board of Directors assess the various types of risk faced by BCV, and structure and organize the Bank's risk management and control processes. It draws up opinions and recommendations for the Board after conducting a critical examination, on a regular or case-by-case basis, of: the Group's main risks, its risk management policy and strategy, its risk reports, and its compliance with regulatory capital requirements.
The Committee reviewed its operational procedures and duties at the end of 2009 in order to better assist the Board of Directors, particularly in HR strategy and managing employee turnover. The Committee clarified its tasks in matters of establishing job requirements, selecting and proposing candidates for senior management and board positions, setting and assessing objectives, and setting compensation.
CEO since 1 May 2008
Swiss citizen, born in 1962
MSc in mechanical engineering from the Swiss Federal Institute of Technology in Lausanne (EPFL) in 1985. MBA from INSEAD in Fontainebleau in 1992
Between 1985 and 1991, Mr. Kiener worked as an engineer for Fides Informatics in Zurich and Hewlett Packard in Geneva. In 1993, he joined the consulting firm McKinsey & Company. In 2000, he was made partner and a member of the Management Committee of McKinsey Switzerland. He acquired experience in financial services, and in banking in particular, during these years as an advisor for leading financial institutions in Switzerland and other European countries. He managed large projects involving strategy, risk management, controlling, and business process re-engineering. Mr. Kiener joined BCV as CFO on 1 June 2003 and was appointed CEO on 1 May 2008.
CFO, member of the Executive Board with responsibility for the Finance & Risks Division since 1 January 2009
Swiss citizen, born in 1965
Degree in economics from the Business and Economics Faculty of Lausanne University in 1998. MSc in economics from the London School of Economics (LSE) in 1989. PhD in economics from Lausanne University in 1992.
Mr. Paulsen started his career in energy trading at EGL. In 1995, he joined the consulting firm McKinsey & Company, where he was elected Principal Associate in 2000. During his time at McKinsey, he managed a large number of strategic projects for financial institutions and major energy companies in Switzerland and throughout Europe, focusing particularly on the risk management aspects. Mr. Paulsen joined BCV in July 2002 as Chief Risk Officer (CRO), and in this capacity created and led the Risk Management Department. He was named CFO and Head of the Finance & Risks Division on 1 January 2009.
Member of the Executive Board with responsibility for the Asset Management & Trading Division since 1 January 2021
Dual Swiss and French citizen, born in 1966
Graduate of the École Nationale de la Statistique et de l’Administration Économique (ENSAE) in Paris, 1989. Master of Advanced Studies in Finance, 1990. Certified actuary, 1996. Executive MBA from the Centre for Advanced Studies in Insurance (CHEA), 2002. Graduate of the Swiss Finance Institute (Senior Management Program in Banking), 2009.
After working briefly for the International Trade Centre, Mr. Welsch joined BNP Paribas as a financial controller and actuary. In 1996, he became the chief actuary at Phenix Assurance (Allianz Group) before becoming the company’s head of life insurance, IT, and external partnerships. Mr. Welsch joined BCV on 1 January 2004 as head of the Tax and Wealth Solutions Department. This department has gained recognition as a center of expertise in occupational pensions and private pension products. He took up his new position as head of the Asset Management and Trading Division on 1 January 2021.
Member of the Executive Board with responsibility for the Retail Banking Division since 3 March 2014
Swiss citizen, born in 1963
Degree in economics and business administration from the Business and Economics Faculty of Lausanne University in 1992. MBA from IMD in Lausanne in 2001.
Mr. Sierdo began his banking career in 1993 in retail banking at UBS. He went on to do project finance in New York and lending in Zurich, before working at Lombard Odier & Cie from 1998 to 2002. He then returned to UBS, where he held key managerial positions in retail, private and corporate banking, including: Head of Private Banking for French-speaking Switzerland, CEO of UBS Luxembourg and Head of Corporate Clients for Switzerland. Before becoming a banker, he was a military pilot and a member of the Swiss Surveillance Wing. He joined the Executive Board as Head of the Retail Banking Division on 3 March 2014.
Member of the Executive Board with responsibility for the Private Banking Division since 1 December 2022
Swiss citizen, born in 1971
Swiss Certified Fiduciary Advisor, 1998, and Swiss Certified Tax Expert, 2002.
MBA from the New York University Stern School of Business, HEC Paris, and London School of Economics, 2012.
Mr. Steinmann began his career at the Vaud Cantonal Tax Administration in 1987. He then moved to Credit Suisse in 1995, where he worked in wealth planning for private banking clients and SMEs. After holding management positions in the private banking division, Mr. Steinmann became responsible for all private clients for the greater Lausanne area in 2013, then regional head of private banking for French-speaking Switzerland in 2017. In 2020, he was also named regional head of French-speaking Switzerland. He took up his position as the head of the Private Banking Division on 1 December 2022.
Member of the Executive Board and head of the Corporate Banking Division since 1 September 2017
Swiss citizen, born in 1968
Andreas Diemant holds a B.Sc. in Business Administration from the Bern University of Applied Science 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 position as Head of Institutional Clients, Switzerland & Global Asset Servicing. On 1 September 2017, he joined BCV’s Executive Board as head of the Corporate Banking Division.
Member of the Executive Board with responsibility for the Business Support Division since 1 January 2017
Swiss citizen, born in 1960
Electronic engineering degree, University of Neuchâtel, 1987. MBA, University of Lausanne, 1993
Mr. Meixenberger began his career in 1987 at the Swiss Center for Electronics and Microtechnology (CSEM) in Neuchatel as a software engineer. From 1993 to 1997, he worked for Credit Suisse in Geneva, where he was in charge of business processes and IT. In 1997, he became head of IT at Banque Cantonale de Fribourg. He was then appointed to that bank’s Executive Board as head of the Services Division in 2000. He joined BCV on 1 November 2016 and was appointed to the Executive Board as Head of the Business Support Division on 1 January 2017.
CCO, member of the Executive Board with responsibility for the Credit Management Division since 15 February 2010
Swiss citizen, born in 1966
Master of Law from Lausanne University in 1990. Advanced Management Certificate from INSEAD in Fontainebleau in 2007.
Mr. Sager began his career at Credit Suisse in 1991, where he was involved in various lending activities. He joined BCV in 1998 and was appointed to lead BCV's Credit Recovery Department in 2003. In this position, he played a key role in strengthening the Bank's balance sheet by reducing the volume of impaired loans. In addition, as a member of the Executive Board's Credit Committee since 2008, he has acquired a thorough understanding of BCV's lending activities. Mr. Sager was named Chief Credit Officer and appointed to the Executive Board with responsibility for the Credit Management Division as of 15 February 2010.
The Committee's main roles are to:
The Committee's main roles are to:
The Committee's main roles are to:
The Committee's main roles are to:
