Dr Heinrich Henckel, CEO of the cash markets division of exchange group Swiss Financial Market Services (SFMS), will step down at the end of July.
Henckel, who was also a member of the group executive board of SFMS, has cited personal reasons for his decision to leave the company after 13 years, and intends to pursue a new professional challenge.
“The Board of Directors expresses its thanks to Heinrich Henckel for his commitment to SWX and the interests of the Swiss financial centre,” said group CEO Dr Urs Rüegsegger in a statement: “Not least of all as a result of his having headed the integration project in conjunction with the merger of the SWX Group, SIS Group and Telekurs Group since the middle of last year, Dr. Henckel has made a decisive contribution to the consolidation of the three providers of Switzerland’s financial market infrastructure.”
Until a permanent successor can be found, Henckel will be replaced by Christoph Bigger, a member of the SWX management board.