Federal Council elects Thomas Bauer as future Chair of FINMA Board of Directors and three new members to the board
Bern, 1.7.2015 - At its meeting today, the Federal Council elected Thomas Bauer as the new Chairman of the Board of Directors of the Swiss Financial Market Supervisory Authority (FINMA). Having been a partner in Ernst & Young law services until 2014, Thomas Bauer will join the board of directors on 1 August 2015 and will take over from Anne Héritier Lachat on 1 January 2016. In addition, the Federal Council elected three new members to the FINMA Board of Directors as of 1 January 2016: Renate Schwob, former Deputy CEO of the Swiss Bankers Association (SBA), Marlene Amstad, Regional Advisor at the Bank for International Settlements (BIS) in Hong Kong, and Bernard Keller, who was a member of the Executive Board of Julius Baer Group Ltd up until the end of 2014.