The Federal Council appointed the members of the Swiss Financial Market Supervisory Authority (Finma) Board of Directors for the term of office from 2020 to 2023.
It confirmed Thomas Bauer (chair), Marlene Amstad (vice-chair), Benjamin Gentsch, Bernard Keller, Renate Schwob, Martin Suter and Franz Wipfli for another term.
Ursula Cassani Bossy and Andreas Schlatter were elected to the Board as new members. Yvan Lengwiler and Günter Pleines will step down from the Board at their own request.
Bossy and Schlatter will take up their duties on 1 January 2020 and will also remain in office until the end of 2023.
Bossy has been a professor of criminal law at the University of Geneva since 1995 and a member of the Centre de droit bancaire et financier (centre of banking and financial law) of the faculty of law since 2004. Her main areas of expertise include money laundering, corruption and corporate criminal law. In addition, she oversees a number of courses in financial market law, for example CAS Compliance in Financial Services and CAS Financial Regulation, in her capacity as chairperson of the Supervisory Board. She worked as a lawyer at Lenz & Staehelin in Geneva from 1989 to 2013.
Schlatter has worked in asset management at UBS from 1997 to 2016, where he was, inter alia, CEO of the Swiss Asset Management unit and ultimately global head of distribution. He was also a member of the Swiss Federal Commission for Occupational Pensions and chairman of the Swiss Bankers Association's Commission for Institutional Asset Management.