New Head of Audit at Zürcher Kantonalbank
On August 25, the Bank Council of Zürcher Kantonalbank appointed Dr. Jörg Steinger (55) as the new Head of Audit effective July 1, 2023. He succeeds Walter Seif.
Dr. Jörg Steinger has been appointed at Zürcher Kantonalbank ZKB to succeed Walter Seif, who has been Head of Internal Audit since 2015 and will leave the bank on June 30, 2023. To ensure an orderly transition, Dr. Jörg Steinger will join the bank as the new Head of Audit as early as April 1, 2023, according to ZKB.
For strong corporate governance
"We are very pleased to have been able to recruit Dr. Jörg Steinger for this responsible role. He is a recognized expert in the field of internal audit and a proven leader who also has broad experience in various banks," said Dr. Jörg Müller-Ganz, Chairman of the Bank Council of Zürcher Kantonalbank. "As part of a multi-stage selection process, the Bank Council carefully evaluated internal and external candidates. Dr. Jörg Steinger brings with him all the prerequisites to continue the strong corporate governance of Zürcher Kantonalbank and to tackle future challenges. His extensive experience in the financial industry and in the area of digitalization will stand him in good stead."
From Vontobel to ZKB
Dr. Jörg Steinger looks back on more than 30 years in internal auditing. He has been Head of Internal Audit at Vontobel since 2013. Prior to that, he spent around 15 years at Luzerner Kantonalbank, first as Head of Internal Audit and then as Head of Risk & Process Management. From 1994 to 1999, he worked in Internal Audit at Schweizerische Kreditanstalt and Credit Suisse Group respectively. He received his doctorate from the University of St. Gallen on digitalization in internal auditing and holds a degree as a Swiss Certified Public Accountant. Dr. Jörg Steinger is a Swiss citizen.
Reporting to the Bank Council as Head of Audit
With over 50 specialists, Audit is responsible for the internal auditing of Zürcher Kantonalbank. It supports the Bank Council in fulfilling its statutory supervisory and control duties and performs the monitoring tasks assigned to it by the Bank Council. In particular, the Audit independently and objectively assesses the appropriateness and effectiveness of the internal control and risk management processes and contributes to their improvement. Audit reports to the Presidium of the Bank Council.
Source: Zurich Cantonal Bank