16.07.2015 | DGAP-News

Varengold Bank AG: Changes to the executive board and supervisory board

Varengold Bank AG  / Key word(s): Change of Personnel/Miscellaneous16.07.2015 13:47Dissemination of a Corporate News, transmitted by DGAP - a service of EQSGroup AG.The issuer / publisher is solely responsible for the content of this announcement.---------------------------------------------------------------------------Hamburg, 16 July 2015 - The CEO of Varengold Bank AG, Yasin SebastianQureshi, and two of the executive board members, Mohammad Hans Dastmaltchiand Steffen Fix, will be leaving the executive board of Varengold Bank AGin agreement with the bank as of 31 July 2015.Mr Qureshi and Mr Fix founded Varengold Bank together in 1995 andcontinuously developed the company shortly after together with MrDastmaltchi, forming the current bank providing a full range of bankingservices. The supervisory board thanks Mr Qureshi, Mr Dastmaltchi and MrFix for their long-standing and thoroughly successful service.What's more, with Mr RA Hans J.M. Manteuffel, Prof. Peter Andree and StBWilli Müller, all members of the supervisory board have announced that theywill be stepping down from their posts as members of the supervisory boardwith effect from the end of the next general meeting on 26 August 2015. Thecompany thanks Mr Manteuffel, Prof. Andree and Mr Müller for their servicesas the supervisory body at Varengold Bank AG.During the time the resigning executive board and supervisory board memberswere in office, crucial decisions of major importance to the development ofthe bank were made.The remaining executive board members, Dr Bernhard Fuhrmann and FrankOtten, have extensive experience in national and international banking andwill continue to drive forward the strategic development of the bank as ayoung deposit bank as before. The guiding principle of the bank continuesto be based on innovation and flexibility, customer satisfaction andorganisational stability in all business areas.16.07.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Varengold Bank AG              Große Elbstraße 27              22767 Hamburg              GermanyPhone:        +49 (0)40 / 668649-0Fax:          +49 (0)40 / 668649-49E-mail:       info@varengold.deInternet:     www.varengold.deISIN:         DE0005479307WKN:          547930Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;              Open Market (Entry Standard) in Frankfurt End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------

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