Eduard von Kymmel, Head of VP Fund Solutions of VP Bank Group and CEO of VP Fund Solutions (Luxembourg) SA, will step down from his position at the end of 2020 in order to become an independent member of the Board of Directors with his own fund governance consultancy.
Paul Arni, CEO of VP Bank Group, and Thomas von Hohenhau, Head of Client Solutions of VP Bank Group, regret the departure of Eduard von Kymmel and thank him for his dedicated and valuable work. "In recent years, Eduard von Kymmel has made a significant contribution to the development and growth of VP Bank's international investment fund business".
Eduard von Kymmel will be available to VP Fund Solutions until the end of March 2021 to train his successor Torsten Ries in his new role as CEO of VP Fund Solutions (Luxembourg) SA. Torsten Ries joined VP Fund Solutions in 2013 and has been a member of the Executive Board of VP Fund Solutions in Luxembourg since 2019. Since 2016 he has also been responsible for the Private Equity and Real Estate division at VP Fund Solutions
Ralf Konrad will now report to Thomas von Hohenhau, who as a member of the Executive Board of VP Bank Group heads the Client Solutions division. Ralf Konrad has been employed at VP Fund Solutions (Liechtenstein) AG since 2013 and has been Chief Executive Officer since 2016.
VP Fund Solutions, the fund competence centre of the internationally active VP Bank Group, was founded over 20 years ago and consists of VP Fund Solutions (Liechtenstein) AG and VP Fund Solutions (Luxembourg) SA. VP Fund Solutions employs a total of over 60 people and specialises in professional, holistic traditional and alternative private label fund solutions. VP Fund Solutions is the number 1 private label fund management company in Liechtenstein and a recognised and sought-after third-party management company in Luxembourg.
Further information on the investment fund business of VP Bank Group can be found on vpfundsolutions.vpbank.com/en.