February 15, 2023

Sora Bank names new management

Liechtenstein-based Sora Bank AG has a new leadership team.

Marcos Montero, who has extensive international banking and finance experience, has been appointed new CEO and spokesman of the executive board. Peter Vesco, a veteran finance and fintech manager whose focus is on innovation and digitalization, will be Chairman of the Board of Directors.

“The global financial services market is progressing dynamically,” said Vesco. “The embedded and digital banking sectors in particular offer attractive opportunities. Our strategy aims to enable our clients to take advantage of these developments and make the Liechtenstein financial center even more attractive.

“Marcos Montero is a proven specialist in the financial industry,” Vesco added. “He will multiply his know-how, lead teams and employees, and successfully align the bank with new business areas.”

The owners’ meeting also resulted in Michael Zollinger being appointed to the Board of Directors. Roger Ganz remains a member of it.

Zollinger is currently a partner at ISP Group. In previous positions at major Swiss banks over the past 15 years, he was responsible for institutional clients in Latin America.

The new management team seeks to further expand Sora Bank’s core private banking business and win new mandates with innovative services.

Says new CEO Montero: “The Sora team’s in-depth product expertise and network will put Sora Bank back on a sustainable growth path. We will differentiate ourselves from the competition with a positive, solution-oriented culture.”

Sora Bank AG is an independent private bank based in Triesen in the Principality of Liechtenstein. The bank’s core business is private banking services.