In view of the increase in the number of directors, the meeting also gave the green light to an increase in the ceiling of their remuneration, to 4.15 million francs, against 3.75 million so far.
The shareholders of the private banking group EFG International, convened Thursday for an extraordinary general meeting, validated all the proposals submitted by the board of directors.
As expected, they thus elected Alexander Classen and Boris Collardi to the supervisory body with immediate effect, and the first to be appointed to the presidency from 1 November next. The former boss of Julius Baer and ex-partner of Pictet will sit as a non-independent member, said the Zurich establishment in a press release issued after the market close.
The mandate of the newly elected directors will run until the next ordinary general meeting of EFG, which should be held in April.
In view of the increase in the number of directors, the meeting also gave the green light to an increase in the ceiling of their remuneration, to 4.15 million francs, against 3.75 million so far.