Glarner Kantonalbank nominates Susanne De Zordi to Board of Directors

Glarner Kantonalbank has filled the vacancy on its Board of Directors left by Sonja Stirnimann’s resignation. Susanne De Zordi, currently heading the Financial Services division at BDO, will be proposed for election at the Annual General Meeting on April 25, 2025. De Zordi brings extensive experience in accounting, auditing, and advisory services, having previously worked with PricewaterhouseCoopers and consulting firms in Zurich and Vaduz.

read more

Basler Kantonalbank appoints Christoph Auchli as Deputy CEO

Basler Kantonalbank has appointed Christoph Auchli as Deputy CEO and Deputy Chairman of the Group Executive Management, effective March 1. Auchli, who has been with the bank since 2006 and served as CFO since 2018, will support newly appointed CEO Regula Berger, who takes office in September 2024. Berger praised Auchli’s extensive experience and strategic contributions to the bank’s success.

read more

Andreas Ruesch Joins Consulting Firm After Tenure at Basler Kantonalbank

Andreas Ruesch, former Deputy CEO of Basler Kantonalbank, has joined consulting firm Twentysecond as a Senior Consultant, focusing on digital transformation for financial institutions. With over 34 years in the banking sector, he has a strong background in growth initiatives, digital platforms, and risk management. Additionally, Ruesch serves as Chairman of the Board at Quadia, a consultant at AK Consulting, and an investor at MachinaLabs.

read more

Basellandschaftliche Kantonalbank joins Asset Management Association Switzerland

Basellandschaftliche Kantonalbank (BLKB) has joined the Asset Management Association Switzerland (AMAS), increasing the number of cantonal bank members to nine. This move highlights the growing importance of asset management for Swiss banks, with BLKB expanding its income through collective capital investments and a range of 14 funds. The bank aims to influence the regulatory framework as part of its commitment to responsible asset management.

read more

Regula Berger appointed as new CEO of Basler Kantonalbank

Regula Berger has been appointed as the new CEO and Chairwoman of the Group Executive Board of Basler Kantonalbank, effective March 1, 2025, succeeding Basil Heeb, who is stepping down after six years. Berger, previously Deputy CEO and Head of Commercial Client Sales, has extensive experience in legal and compliance roles. The bank will announce her successor for the Commercial Client Sales division and deputy CEO position at a later date.

read more

Regula Berger Takes Charge Amid Controversy Over Benko Loan at BKB

Regula Berger has been appointed as the new CEO of Basler KB, transitioning from her role as General Counsel. Her rise follows a significant involvement in the controversial loan to René Benko for his Globus project, which has faced financial difficulties. Berger’s unique background and rapid ascent highlight a strategic plan by the bank to develop her leadership capabilities.

read more

Bank Cler Reports Growth in Client Base and Mortgage Business

Bank Cler reported a profit of CHF 21.7 million in the first half of 2024, marking a 1.1% increase, driven by a growing client base and mortgage business. Client assets rose by CHF 0.6 billion to CHF 16.8 billion, while the bank plans to maintain its interest rate policy despite lower rates from the Swiss National Bank. However, it anticipates a decline in operating income for the year due to weaker net interest income.

read more