New Executive Board member for VP Bank (Luxembourg) SA

Carsten Bäcker is a German citizen and has more than 20 years of extensive professional experience in the areas of private and corporate banking as well as asset management and capital markets. In his most recent functions, he was a member of the supervisory board of the fund company von der Heydt Invest SA and at HCOB Securities S.A. based in Luxembourg as Chief Financial Officer and Chief Risk Officer.

Carsten Bäcker will join the Executive Board as Head of Risk Management on 1 September 2023. In this position, he succeeds Romain Moebus, who is taking on a new management role within the bank. Carsten Bäcker is the fourth member of the Executive Board alongside Claus Jørgensen as CEO, Trine Guldager as COO and Carsten Stricker as Head of Intermediaries & Fund Clients.

Carsten Bäcker will assume responsibility for the business areas of compliance, risk, legal and IT security in the Executive Board.

Claus Jørgensen, CEO of VP Bank (Luxembourg) SA: "With his extensive experience in private banking and in the fund industry as well as in our target market Germany, Carsten Bäcker is a competent addition to our management team. I wish Carsten every success in his role and I look forward to working with him."