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J.C. Flowers completes Vall Banc deal; Vall Banc names CEO, CFO

J.C. Flowers& Co. LLC completed the acquisition of 100% of Vall Banc SAU on July 14following approval from Andorra's National Institute of Finance.

Vall Banc also said July 18 that it appointed ChristophLieber CEO and Cándido Romero CFO.

Lieber was previously CEO of St. Galler Kantonalbank unit St. Galler KantonalbankDeutschland, while Romero previously served as head of group finance and riskmanagement at Hauck &Aufhäuser Privatbankiers KGaA.

Andorran banking entity Vall Banc is the good bank ofBanca Privada d'AndorraSA.