Georg von Wattenwyl new Association President

The delegates of the SSPA yesterday unanimously elected Georg von Wattenwyl from Bank Vontobel as new President of the Association. Von Wattenwyl succeeds long-standing President Daniel Sandmeier who no longer ran for re-election. Thomas Schmidlin from Credit Suisse was elected as a new member of the Committee.

Zurich, 29 October 2014. At yesterday’s Delegate Meeting of the SSPA, Georg von Wattenwyl, Global Head of Advisory & Distribution Financial Products at Bank Vontobel, was elected as new President of the Association. He succeeds Daniel Sandmeier (Credit Suisse) who after eight years on the Committee, including four years as President, no longer ran for re-election. Georg von Wattenwyl has already been a member of the Association Committee since 2011, most recently as Vice President, and is looking forward to his new role: “Structured products have for years been an integral part of professional asset management in Switzerland. As an association our aim is to make these innovative investment products comprehensible and transparent for investors. We are also actively involved in drawing up the new regulations for further improving investor protection.”

Philipp Rickenbacher (Julius Bär), who has been a member of the SSPA Committee since 2013, is taking over as Vice President. Rickenbacher has been Head Structured Products at Bank Julius Bär since 2009.

Thomas Schmidlin new Committee member

Thomas Schmidlin, Head Structured Flow Switzerland at Credit Suisse, was elected as a new member of the Committee. Thomas Schmidlin has a broad range of long-standing experience in the sector thanks to various management positions in the structured products business. Prior to his employment at Credit Suisse he was in charge of the distribution of structured products at Clariden Leu.

The delegates thank the outgoing President Daniel Sandmeier for his major commitment to structured products in Switzerland and his many years of activity on behalf of the Association.