Board of Directors
The Board of Directors (BoD) has ultimate responsibility for the success of the Group and for delivering sustainable shareholder value within a framework of prudent and effective controls. The BoD decides on the strategy of the Group upon recommendation of the Group Chief Executive Officer (Group CEO) and is responsible for the overall direction, supervision and control of the Group and its management, as well as for supervising compliance with applicable laws, rules and regulations.
Shareholders elect each member of the BoD individually, as well as the members of the Compensation Committee, on an annual basis. The BoD in turn appoints one or more Vice Chairmen, a Senior Independent Director, the members of the BoD committees and their respective Chairpersons, and the Group Company Secretary.
As set out in the Organization Regulations, BoD members are normally expected to serve for a minimum of three years. No Board member may serve for more than 10 consecutive terms of office, in exceptional circumstances the Board can extend this limit. In accordance with the Swiss Code of Best Practice for Corporate Governance, we seek appropriate professional backgrounds and experience as well as diversity among the members of the BoD, including gender diversity.
Chairman of the Board of Directors
Axel A. Weber
Vice Chairman and Senior Independent Director
Jeremy Anderson
William C. Dudley
Reto Francioni
Fred Hu
Mark Hughes
Nathalie Rachou
Julie G. Richardson
Beatrice Weder di Mauro
Dieter Wemmer
Jeanette Wong
Group Company Secretary
Markus Baumann
Committee memberships after AGM 2020
Name | Name | Board of Directors | Board of Directors | Audit Committee | Audit Committee | Compensation Committee | Compensation Committee | Corporate Culture and Responsibility Committee | Corporate Culture and Responsibility Committee | Governance and Nominating Committee | Governance and Nominating Committee | Risk Committee | Risk Committee |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Name | Axel A. Weber | Board of Directors | Chairman | Audit Committee | - | Compensation Committee | - | Corporate Culture and Responsibility Committee | Chairperson | Governance and Nominating Committee | Chairperson | Risk Committee | - |
Name | Jeremy Anderson | Board of Directors | Member | Audit Committee | Chairperson | Compensation Committee | - | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | Member | Risk Committee | - |
Name | William C. Dudley | Board of Directors | Member | Audit Committee | - | Compensation Committee | - | Corporate Culture and Responsibility Committee | Member | Governance and Nominating Committee | Member | Risk Committee | Member |
Name | Reto Francioni | Board of Directors | Member | Audit Committee | - | Compensation Committee | Member | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | - | Risk Committee | Member |
Name | Fred Hu | Board of Directors | Member | Audit Committee | - | Compensation Committee | - | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | Member | Risk Committee | Member |
Name | Mark Hughes | Board of Directors | Member | Audit Committee | - | Compensation Committee | - | Corporate Culture and Responsibility Committee | Member | Governance and Nominating Committee | - | Risk Committee | Chairperson |
Name | Nathalie Rachou | Board of Directors | Member | Audit Committee | - | Compensation Committee | - | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | - | Risk Committee | Member |
Name | Julie G. Richardson | Board of Directors | Member | Audit Committee | - | Compensation Committee | Chairperson | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | Member | Risk Committee | Member |
Name | Beatrice Weder di Mauro | Board of Directors | Member | Audit Committee | Member | Compensation Committee | - | Corporate Culture and Responsibility Committee | Member | Governance and Nominating Committee | - | Risk Committee | - |
Name | Dieter Wemmer | Board of Directors | Member | Audit Committee | Member | Compensation Committee | Member | Corporate Culture and Responsibility Committee | - | Governance and Nominating Committee | Member | Risk Committee | - |
Name | Jeanette Wong | Board of Directors | Member | Audit Committee | Member | Compensation Committee | Member | Corporate Culture and Responsibility Committee | Member | Governance and Nominating Committee | - | Risk Committee | - |