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19. Dec. 2017 - Press release

Melanie Gstöhl joins the Management Board

The Board of Directors at Bank Frick has announced that Melanie Gstöhl has been appointed Chief Financial Officer (CFO). She will assume her new role as of 1 January 2018. Furthermore, the Board of Directors has given final approval to the Bank’s new digital strategy. 

Melanie Gstöhl joins the Management Board

Download photo of Melanie Gstöhl

Balzers (LI) – Bank Frick is pleased to announce the latest addition to the Management Board, Melanie Gstöhl, who will be responsible for the Finance, Risk & Controlling department. Ms. Gstöhl began her career at Bank Frick over 10 years ago when she joined the former Finance and Compliance department. A Swiss certified expert in accounting and controlling, she lives in Liechtenstein with her partner and their two children.

Melanie Gstöhl will join the two current members on the Management Board, Edi Wögerer (CEO) and Hubert Büchel (Chief Client Officer).

“The Board of Directors is delighted to announce Melanie as the newest member of the Management Board. With her in-depth financial expertise and outstanding interpersonal skills, she is ideally suited to her new position,” declared Mario Frick, Chairman of the Board of Directors. “I would also like to emphasise that in appointing Melanie, we are adding a great deal of in-house experience to the Management Board.”

New digital vision and mission for the Bank

During its most recent meeting, the Board of Directors gave final approval to the newly developed strategy for Bank Frick. This includes the Bank’s new vision and mission.

As Mario Frick explained, “In our vision, we set out our aim to become a recognised provider of modular digital banking services for intermediaries. Bank Frick’s mission is to make it easier for financial intermediaries to do business and enable them to differentiate themselves from their competitors with the help of Bank Frick services.”

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About Bank Frick

Bank Frick is a family-run Liechtenstein bank with headquarters in Balzers. It was founded in 1998 by Kuno Frick Sr (1938 – 2017), with the majority now controlled by the Kuno Frick Family Foundation. Minority shareholder Net 1 UEPS Technologies, Inc. (Net1), holds 30 per cent of Bank Frick’s share capital. Net1 is a financial technology company listed on the Nasdaq stock exchange in New York.

Bank Frick focuses on providing products and services for financial intermediaries such as fiduciaries, asset managers, payment service providers and fintechs.

Bank Frick develops tailor-made funds for intermediaries and acts as a custodian bank. 

It is the only bank in Liechtenstein with acquiring licences from Visa and MasterCard.

Bank Frick employs around 90 members of staff and operates a branch in London, UK.

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