Vontobel Annual General Meeting 2025 Mittwoch, 02. April 2025 - 20:05

• Shareholders approved all proposals at the Annual General Meeting
• Stable dividend of CHF 3.00 per share approved
• All members of Board of Directors (BOD) proposed for re-election confirmed in office
• Zeno Staub elected as new member of the BOD

In total, 89.43 percent of shares with voting rights were represented at today’s ordinary Annual General Meeting of Shareholders (AGM) of Vontobel Holding AG (2024 AGM: 87.28 percent). Vontobel’s shareholders approved all proposals submitted by the firm.

The Chairman of the Board of Directors, Andreas E.F. Utermann, as well as all other members standing for re-election, namely Dr. Maja Baumann, Dr. Elisabeth Bourqui, Kristine Braden, David Cole, Annika Falkengren, Stefan Loacker, Mary Pang and Björn Wettergren, were confirmed by a large majority to serve another term in office. Shareholders further confirmed Annika Falkengren, who will take over as Chair of the Nomination and Compensation Committee (NCC) from retiring Board member Bruno Basler, Andreas E.F. Utermann and Björn Wettergren as members of the NCC. The NCC will be completed by Stefan Loacker. Dr. Zeno Staub, the former CEO of Vontobel, will join the Board of Directors as a newly elected member.

The shareholders also approved the annual and consolidated financial statements for 2024, the report on non-financial matters (sustainability report) 2024 and granted discharge to the members of the Board of Directors and the Executive Committee for the financial year 2024. The compensations (or compensation elements) of the Board of Directors and the Executive Committee were also approved. Vontobel holds a consultative vote on the Compensation Report, which was approved by shareholders. The shareholders also re-elected the proposed independent proxy as well as the external auditors.

The proposed dividend of CHF 3.00 per share was also approved. Vontobel offers a stable dividend, corresponding to a payout ratio of 64 percent. Based on the closing price of the Vontobel share of CHF 63.60 as of December 31, 2024, this represents an attractive dividend yield of 4.7 percent.

“2024 was a meaningful year for Vontobel as we celebrated our 100th anniversary, a testament to our core values of ownership, foresight and tenacity. It was also a year of renewal, marked by significant initiatives such as simplifying our governance and inaugurating our Co-CEOs. The Board of Directors and the Executive Committee are committed to executing Vontobel’s strategy, notwithstanding the significant challenges the world is facing. In doing so, we will ensure that the best interests of all our stakeholders are duly taken into consideration,” says Andreas E.F. Utermann, Chairman of the Board of Directors.

Further information regarding our Annual General Meeting of Shareholders will be published on our website by tomorrow.

Vontobel
A global investment house with Swiss roots, we offer investment and advisory solutions to private and institutional clients. Our head office is in Zurich and we are represented in 28 locations worldwide. The shares of Vontobel Holding AG are listed on the SIX Swiss Exchange and are majority-owned by the founding family. The family's close ties to the company guarantee entrepreneurial independence, and the resulting freedom is also an obligation to fulfill our responsibility to society. As of December 31, 2024, Vontobel held CHF 229 billion of assets under management. With our investment-led approach that focuses exclusively on the buy-side of financial markets, we think and act purely from the client’s perspective – as an investor for investors.

This includes keeping our finger on the pulse to provide our investors with the best solutions - something we have been committed to for over 100 years. We harness the power of technology to multiply our investment expertise across platforms and ecosystems and deliver high-quality, personalized client experiences. Because for us, successful investing starts with taking personal responsibility. This means that we want to empower our employees so that they can realize their potential, act independently and open up new perspectives. We constantly question what we have achieved, because we strive to exceed our customers' expectations.  

Legal information
This press release is provided purely for informational purposes and is expressly not directed at persons whose nationality or place of residence prohibits access to such information on account of existing legislation. The information and views contained in it do not constitute a request, offer, or recommendation to use a service, to buy or sell investment instruments, or to conduct other transactions. Forward-looking statements, by their nature, involve general and specific risks and uncertainties. It should be noted that there is a risk that forecasts, predictions, projections, and results described or implied in forward-looking statements may not prove to be correct.