Rémy Schimmel new CFO of Cembra Money Bank

PDF Media Release

Zürich – Rémy Schimmel has been appointed as the new Chief Financial Officer (CFO) of Cembra Money Bank. He will assume this position by 1 October 2016 at the latest and will become a member of the Bank’s Management Board.

Rémy Schimmel brings a wealth of expertise for the CFO position. Since July 2010, the French national has held different key roles for Royal Bank of Scotland, since August 2014 as CFO of Coutts & Co Ltd in Zurich. He has wide-ranging experience in financial and risk management. Before joining Royal Bank of Scotland, he held positions with Lloyds Banking Group, General Electric and Kimberly-Clark in London (UK) and in Europe. The 41-year-old Rémy Schimmel holds a Master in International Trade from EICD (University of Lyon, France), a Master of Sciences in Economics from HEC Business School (University of Montreal, Canada) and is a Chartered Global Management Accountant (CIMA).

“Rémy Schimmel is a seasoned finance executive, and we are very happy that he has decided to join us as our new CFO”, said Robert Oudmayer, Chief Executive Officer (CEO) of Cembra Money Bank. “With his proven track record in the finance industry, Rémy Schimmel is a valuable addition to the Management Board of Cembra Money Bank.”

Cembra Money Bank’s current CFO, Antoine Boublil, will leave the company on 31 March 2016 to assume the CFO position of the Swiss Universal Bank at Credit Suisse. He made an important contribution to Cembra Money Bank’s successful IPO in October 2013 and the positioning of the Bank as an independent player in the market thereafter.

Until Rémy Schimmel will take over his new position as CFO of Cembra Money Bank, Haldun Kuru will act as CFO ad interim for the Bank. Haldun Kuru is Head of Controllership of Cembra Money Bank since March 2011.

Contacts
Media:	Andreas Werz; +41 44 439 8512; andreas.werz@cembra.ch
Investor Relations:	Christian Waelti; +41 44 439 8572; christian.waelti@cembra.ch

Key dates
27 April 2016	Annual General Meeting 2016
29 April 2016	Ex-dividend Date
2 May 2016	Dividend Record Date
3 May 2016	Dividend Payment Date

About Cembra Money Bank AG

Cembra Money Bank AG is one of the leading Swiss providers of financial products and services. Its product range includes personal loans, auto leases and loans, credit cards and insurance sold with those products as well as deposit and savings products.

Headquartered in Zurich-Altstetten, the Bank has operations across Switzerland via a network of 25 branches as well as alternative sales channels such as the Internet, credit card partners, independent agents and more than 3,200 car dealers.

Cembra Money Bank AG is an independent Swiss bank and has been listed on the SIX Swiss Exchange since October 2013. It has over 700 employees from more than 40 nations and about 700,000 customers.