Cembra Money Bank
#3783
Rank
$2.68B
Marketcap
Switzerland
Country
Mr. Holger Laubenthal (CEO & Member of Management Board)
Mr. Pascal Perritaz (CFO & Member of Management Board)
Mr. Peter Schnellmann (Chief Sales & Distribution Officer and Member of the Management Board)
Summary
History
Bank Prokredit was founded in 1912. In 1998, it came under the wing of GE Capital, which, the year before, had already acquired another Swiss consumer credit business, Bank Aufina, founded in 1953. It was not until 2006 that Prokredit, which had previously belonged to UBS, and Bank Aufina merged under the name GE Money Bank. In the summer of 2013, GE Money Bank was to be sold to the Aduno Group, but the transaction fell through at the last moment.
This was followed by the IPO as Cembra Money Bank in the fall of 2013. The successful IPO is considered the first major IPO on the Swiss stock exchange in a long time. The name Cembra is derived from the Latin name for the Swiss stone pine pinus cembra and symbolizes the brand values of Cembra Money Bank.
In 2019, Cembra Money Bank acquired cashgate AG from the Aduno Group.
Mission
Vision
Key Team
Mr. Volker Gloe (Chief Risk Officer & Member of Management Board)
Mr. Christian Schmitt (Chief Technology Officer)
Ms. Alona Eiduka (COO & Member of Management Board)
Edina Jung (Sr. Legal Counsel & Corp. Sec.)
Mr. Eric Anliker (Gen. Counsel & Member of the Management Board)
Recognition and Awards
References
Mr. Holger Laubenthal (CEO & Member of Management Board)
Mr. Pascal Perritaz (CFO & Member of Management Board)
Mr. Peter Schnellmann (Chief Sales & Distribution Officer and Member of the Management Board)