René Parmantier becomes new CEO

Corestate Capital Holding S.A. has appointed René Parmantier as the new chairman of the Management Board (CEO) with immediate effect and for a term of three years.

Friedrich Munsberg, chairman of the Supervisory Board, said, “With René Parmantier, we have been able to gain an experienced and dynamic new CEO. He will make a decisive contribution to ensuring that the company accelerates its growth course again in the coming years. I am also very happy that we were able to convince Lars Schnidrig to stay. He will return to his former role as Chief Financial Officer resuming responsibility for such crucial issues as the reduction of net financial debt.”

For the past 12 years he has been CEO of Oddo Seydler Bank AG (formerly Close Brothers Seydler Bank AG).

The previous chairman of the board, Lars Schnidrig, was also appointed CFO with immediate effect and a term of three years. Schnidrig already held this position for Corestate in 2017 and 2018. Nils Huebener