The Board of Directors of St.Galler Kantonalbank has appointed René Walser as the new head of Private and Business Customers and member of the Executive Board, effective 1 July 2020. He succeeds Albert Koller, who, as announced in February 2019, wants to devote his time to tasks outside the bank.
Walser has many years of management experience in Swiss banking. Since 2008, he has been head of Private and Business Customers Region East at the St.Galler Kantonalbank, responsible for the market area from Lake Constance via the Rhine Valley to the Sarganserland with 18 branches. Previously, he spent 12 years in UBS's corporate banking business in various positions, most recently as Head of Credit Risk Control Eastern Switzerland.
Koller has been a member of the Executive Committee since 2007 and is head of Private and Business Customers. He had already announced his resignation at the beginning of the year. In the future he will devote his time to strategic mandates outside the bank.