As of 1 July 2013, Markus Fuchs will take over as the CEO of the Swiss Funds Association (SFA), which will be rebranded as the Swiss Funds & Asset Management Association (SFAMA) on the same date.
He will succeed Dr. Matthäus Den Otter, who has been the association’s CEO since 2005.
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"Matthäus Den Otter has been at the helm for nearly ten years, and with him the SFA has become one of the most important associations in the Swiss financial industry," said Martin Thommen, President of the SFA.
"Thanks to his excellent network of contacts and his keen communications skills, coupled with his well-founded knowledge of the fund business, Matthäus Den Otter has made a significant contribution in establishing the SFA, which now has nearly 180 members, as a strong voice for the Swiss funds and asset management industry. For this, he deserves considerable thanks," said Thommen.
"After nearly a decade as CEO of the SFA, the time is right for me to hand over the reins to a younger successor," said Matthäus Den Otter. "The announced name change as of 1 July 2013 to the Swiss Funds & Asset Management Association SFAMA and the attendant strategic realignment will usher in the beginning of a new era for our association and its new CEO. I am pleased that in Markus Fuchs we have been able to find a strong successor from within our own ranks," added Den Otter.
"I will be on hand to assist Markus Fuchs through to the end of 2013, ensuring a smooth and efficient handover. I will also continue to serve the fund and asset management industry in the future as part of national and international mandates." Markus Fuchs joined the SFA as Senior Counsel in 2010.
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By GlobalDataIn the past two years, he has already been concentrating keenly on asset management, and played a leading role in developing the
asset management strategy, a joint project between the SFA and the Swiss Bankers Association SBA. Before joining the SFA, Markus Fuchs was a managing director and head of product management hedge funds at UBS, and prior to that CEO of Swiss Life Funds AG.
In a transparent search and selection process conducted by an external executive firm, Markus Fuchs was unanimously chosen by the SFA Board of Directors as the most suitable candidate from the more than 40 applicants.
"With Markus Fuchs, we are in the happy position of having been able to secure the services of a seasoned expert in the funds and asset management business as our new CEO," said Martin Thommen.
"Markus Fuchs has all the skills and qualities needed to take the association forward successfully in the future. I would like to wish both Markus and Matthäus all the very best."
