Patrick Bont is set to join the Group management of VP Bank with effect from November 1, 2020. Bont, who currently heads up the Banks department at the Financial Market Authority Liechtenstein (FMA), will become the new Group Chief Risk Officer of VP Bank.
Born in 1975, Patrick Bont is described as a “recognized financial market expert with broad experience in risk management, legal & compliance, digitization and financial market regulation” in a press release issued by the VP Bank Group. Before joining the FMA in 2009, the Group Chief Risk Officer elect at VP Bank worked in various management roles at UBS.
Patrick Bont is a Swiss national and studied Law and Digital Transformation in Switzerland and Liechtenstein. Bont is currently also lecturing at the University of Liechtenstein. In his new role as Chief Risk Officer, Bont will be responsible for the areas Group Legal Services, Group Compliance and Group Risk at the VP Bank Group.
“Patrick Bont is a particularly experienced management personality with outstanding knowledge in the areas of risk management, compliance and corporate governance”, comments Paul Arni, CEO of VP Bank, in the press release, before adding: “He is very familiar with the Liechtenstein financial center, and his extensive experience will be of great value in the further development of VP Bank as well as in the implementation of our 2025 growth strategy”.