Konrad Hummler

Konrad Hummler ( born March 13, 1953 in St. Gallen; homeland justified in St. Gallen and Thun ) is a Swiss private banker. He is managing partner of the private bank, Wegelin & Co., which is in liquidation.

Life and work

Childhood and education

Hummler was born as the son of former FDP National and St. Gallen Public Ammann Alfred Hummler. He grew up in St. Gallen, where he made the Matura. He studied at the University of Zurich Law and at the University of Rochester economics. During his studies he worked as an editor in chief, the Swiss high school newspaper and led for two years, the St. Gallen Management Symposium. He earned his doctorate at the University of Zurich with Peter Moser forest on the topic The Automated application and legal documentation.

Bank Activity

From 1981 to 1989 he was in the Swiss Bank Corporation (now UBS) operates only in the financial analysis department, and later as a personal assistant to the then Chairman Robert Woodbach. In 1989, Hummler to Wegelin & Co. Private Bankers, where he is an unlimited liability and managing partner since 1991.

The end of 2004 Hummler resigned in protest "against lack of culture of debate " regarding the bilateral agreements of the Board of Directors of the Swiss Bankers Association from. In 2004 he was Member of the Bank Council of the Swiss National Bank. In 2008 he was elected President of the Swiss Private Bankers Association. With regard to the acquisition of the Board of Directors of the Bureau at the NZZ Group he separated in April 2011 of these mandates.

Under his leadership, the bank grew from 25 to 700 employees ( 2011). After the U.S. tax authority had great pressure on the Bank exercised and threatened with prosecution for incitement to serious tax evasion, the majority of the retail business was sold to Raiffeisen Switzerland.

Other activities

In addition to its banking activities Konrad Hummler is on the board of several companies and institutions such as the Buhler Holding AG. From 2002 he was member of the board of the Neue Zürcher Zeitung, from 9 April 2011, he chaired the Board. On February 9, 2012, he sistierte his work as President, to focus on litigation in tax dispute with the U.S. Bank Wegelin. He was at first a member of the Board of Directors. In March 2013, he announced to withdraw to the General Assembly of the NZZ Media Group on April 13, 2013. The reasons he stated that he wants to make sure his journalistic independence in the pursuit of their own plans and that he would not have enough effect options in addressing the forthcoming strategic decisions than ordinary member of the Board of Directors.

Hummler stood before until 2011, the Commerce and Industry Chamber St. Gallen -Appenzell. He is involved or engaged in foundations for the benefit of culture and society, such as the Zurich Zoo Foundation, speaking at cancer diagnosis - Foundation for cancer patients (up to 2011) and at the JS Bach Foundation, which he co-founded and which he became president is.

Hummler is a member of the FDP, but often takes different - radically liberal - positions when his party. He was a proponent of the EEA accession and opponents of the EU and Schengen accession. He called parallel imports and free trade agreements.

He defended the fact that in Switzerland tax evasion funds are managed, as legitimate. In the affair of the purchase of the offered German lands stolen data German customers at Swiss financial institutions in early 2010 he also consistently said: " I will never be ready to check the status of a taxpayer. Otherwise, I hang the job on the nail. "

His journalistic work is diverse. He was a regular writer of the Wegelin Investment Commentary, published by the end of 2011 every two months and had a circulation of 100,000 copies and is also available on iTunes as a podcast was. In addition, he was and is sought after columnist of various magazines and newspapers. He is the author of the bimonthly publication " Mountain view ". In 1998, the Foundation Hummler Liber'all as a common roof over it controls is based organizations trump Buur, media forum and Liberal action. He is also President of the Civil Society Association. Konrad Hummler is married, father of four daughters and lives in depths AR. He served in the Swiss Army to the rank of colonel in the general staff.

Works

  • Trial, error, interpretation - Investment Comments 1990-2010 Orell Füssli, Zurich 2011, ISBN 978-3-280-05424-6. .
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