Basellandschaftliche Kantonalbank is launching a digital bank dedicated to sustainable services. It has taken a renowned fintech entrepreneur on board to help it with the launch.
Basellandschaftliche Kantonalbank (BLKB) aims to create a digital financial-services company for the whole of Switzerland, according to a statement released on Friday. This is in line with the strategy of the bank.
The new bank will be a unit of BLKB, but without the state guarantee that the main firm has. The new business will start in the second half of 2022 and include a number of partners for the distribution of its products.
Changes of Personnel
Marco Primavesi, a supervisory board member of BLKB, will act as chairman of the new business. Other boards members-designate are Stefan Muehlemann (see above), founder and chairman of independent loans platform Loanboox, and Herbert Kumbartzki, deputy CEO and CFO of BLKB.
Kumbartzki will build the financial and risk management of the new business. He will step down from the executive committee of BLKB by July 31, 2021, to dedicate his time to the new unit. Luca Pertoldi will act as CFO starting in August and take over as head of finance and risk management of BLKB.
Experience Bank Manager
Pertoldi is an experienced and well-qualified bank manager and will help in the further development of BLKB. He is currently a member of the executive board of Basler Kantonalbank (BKB), responsible for commercial client sales.
