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Media release (PDF)
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Zurich – Katrina Machin has informed the Board of Directors of her decision not to stand for re-election to Cembra’s Board of Directors at the forthcoming Annual General Meeting on 22 April 2021. Her decision is based on personal reasons that are not related to the Bank. Katrina Machin was appointed to the Board of Directors in 2016 and currently serves as a member of the Compensation and Nomination Committee.
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Chairman Dr Felix Weber said: “On behalf of the Board of Directors, I wish to express my sincere gratitude to Katrina Machin for her long-standing commitment and her contribution to Cembra’s success. We have greatly benefitted from her in-depth knowledge and broad expertise of the financial services industry and wish her all the best for her future.”
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About Cembra Money Bank
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Cembra is a leading Swiss provider of financial solutions and services. Our product range includes consumer credit products such as private loans and vehicle financing, credit cards, the sale of associated insurances, SME loans and account financing, deposits and investment products.
Our head office is in Zurich-Altstetten, and we conduct our business in all parts of Switzerland via a network of branches, our online presence as well as credit card partners, independent brokers and car dealerships.
Cembra has more than 1 million customers in Switzerland and employs more than 1,000 people from 40 countries. In September 2019, Cembra successfully completed the takeover of consumer credit provider cashgate. We have been listed on the SIX Swiss Exchange as an independent Swiss bank since 2013.
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