Hansruedi König, former CEO of Postfinance, one of the remaining four major Swiss banks, has been appointed to a new role at the fourth largest bank in Liechtenstein. The board of directors of Neue Bank has recommended König as the new chairman of the board. The appointment is expected to be confirmed at the general meeting on April 26, 2024. As the bank is family-owned, the election is likely to be a formality.König, who has been the CEO of Postfinance for twelve years and will continue in that role until the end of February 2024, will succeed Manuel Ammann, a renowned financial scientist, as the chairman of Neue Bank. Ammann will be taking on the role of rector at the University of St. Gallen (HSG) in February and will therefore step down from his position at the bank.It is possible that König’s successor at Postfinance has not yet been found. The bank has changed its headhunter and now expects to announce the new CEO in the first quarter of 2024. Andreas Ruesch, a former manager at Basler Kantonalbank, is considered a strong candidate for the position, according to finews.ch.One of König’s most urgent tasks at Neue Bank will be to find a new CEO, as Marcel Lüchinger resigned from the position in August of the previous year. Lüchinger had previously been in charge of the family office and intermediaries at the bank. The composition of the board of directors will remain unchanged, with Ernst Walch as vice chairman and Willy Bürzle, Marc Sola, and Damian Wille as members. The bank believes it is well positioned for the future.In summary, Hansruedi König, former CEO of Postfinance, has been recommended as the new chairman of the board at Neue Bank in Liechtenstein. He will succeed Manuel Ammann, who is leaving to become the rector of the University of St. Gallen. König’s main task will be to find a new CEO for the bank, which is currently in the process of selecting a successor for König at Postfinance. The board of directors at Neue Bank will remain unchanged, and the bank is confident about its future prospects.