FINMA announces the departure of CEO Urban Angehrn, with Birgit Rutishauser set to become interim CEO as part of the leadership transition.
Facts
- Urban Angehrn, CEO of the Swiss Financial Market Supervisory Authority (FINMA), is stepping down at the end of September.
- Birgit Rutishauser, the current deputy CEO, will serve as interim CEO from 1 October during the search for a permanent replacement.
- Angehrn’s tenure with FINMA started in November 2021, marked by his effective management of challenges such as the Russia-Ukraine war risks and multiple enforcement proceedings.
- He oversaw the licensing of 1,000 portfolio managers and trustees and managed UBS’ acquisition of Credit Suisse, FINMA’s “biggest challenge” in its history.
- Marlene Amstad, chair of FINMA’s board of directors, praised Angehrn’s handling of a wide range of tasks during his term.
- Angehrn cited the constant high-stress level as a reason for his departure but expressed gratitude to his team and board for their trust and achievements together.
