Swiss regulator appoints new chairman

Ridhima Sharma
Swiss regulator appoints new chairman

The Federal Council has appointed Marlene Amstad as the new chair of the Board of Directors of the Swiss Financial Market Supervisory Authority (Finma) for the remainder of the 2020-2023 term of office. Amstad will take up her new position on 1 January 2021. She will succeed Thomas Bauer, who will leave the Board of Directors on 31 December 2020. The Federal Council took note of this resignation and thanked Bauer for the services rendered. Bauer reaches statutory retirement age this yea...

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