Operational management

FINMA’s Executive Board acts as a collective body which together assumes responsibility for operational business. Headed by the Chief Executive Officer, the body is responsible for ensuring that financial market supervisory activities are performed in a legally-compliant, efficient and effective manner.

The Executive Board manages FINMA’s operating business. It ensures that the resolutions of the Board of Directors are implemented. It also prepares the necessary files and materials for decisions to be taken by the Board of Directors.

In particular, the issuing of licenses to financial institutions, decisions on supervisory matters of cross-divisional significance and key management, organisational and personnel issues fall within the remit of the Executive Board.

The Chief Executive Officer heads the Executive Board and its divisional heads and is responsible for ensuring compliance with the budget approved by the Board of Directors.

The authority to initiate and close enforcement proceedings employed by FINMA to assert, where necessary, supervisory law has been delegated by the Executive Board to the Enforcement Committee (ENA). This committee comprises three permanent members: the Chief Executive Officer (Chair), as well as the heads of the Strategic Services and Enforcement divisions.

Mark Branson, Chief Executive Officer

Mark BransonMark Branson has been FINMA’s Chief Executive Officer since 1 April 2014 and had previously acted as Deputy CEO from 1 February 2013. Before that, he had served as head of FINMA's Banks division from 1 January 2010. Mark Branson had previously assumed various management roles in the public sector at Credit Suisse, SBC Warburg and UBS. 

Mark Branson

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Updated: 16.02.2015 Size: 0,17  MB
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Dr Peter Giger, Deputy CEO and Head of the Insurance division

Dr. Peter GigerOn 1 October 2014, Peter Giger was appointed Head of the Insurance division, a member of the Executive Board and FINMA’s Deputy CEO. Peter Giger had previously occupied various management positions in the insurance industry, namely at Swiss Re and Zurich Insurance Group.


Dr Peter Giger

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Updated: 16.02.2015 Size: 0,22  MB
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Léonard Bôle, Head of Markets division

Léonard BôleLéonard Bôle has been a member of the Executive Board since 1 April 2014 and is responsible for the Markets division. From 2009, he worked in leading roles in connection with the combating of money laundering, the supervision of self-regulatory organisations and authorising financial institutions. He was previously employed in the legal department of the Swiss Federal Banking Commission, one of FINMA's predecessor authorities.
Léonard Bôle

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Updated: 16.02.2015 Size: 0,09  MB
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Dr Michael Loretan, Head of Asset Management division

Dr. Michael LoretanMichael Loretan has been Head of the Asset Management division since 1 April 2014. From 2011, he headed the supervisory team for the Credit Suisse Group. Previously, Michael Loretan, who has a Ph.D. in law, had held leading positions at various banks in the area of risk and compliance.


Dr Michael Loretan

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Updated: 16.02.2015 Size: 0,17  MB
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Rupert Schaefer, Head of Strategic Services

Rupert Schaefer

Rupert Schaefer has headed the Strategic Services division and been a member of FINMA’s Executive Board since 1 January 2015. Previously he led FINMA’s International Affairs team.


 

 

Rupert Schaefer

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Updated: 16.02.2015 Size: 0,17  MB
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Michael Schoch, Head of Banks division

Michael SchochFollowing his career as an economist and specialist for credit risks at Swiss banks, Michael Schoch joined FINMA in April 2012 as Head of the Risk Management section of the Banks division. From 1 February 2014, he headed the division on an interim basis before definitively being confirmed in this role and being appointed a member of the Executive Board.

Michael Schoch

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Updated: 16.02.2015 Size: 0,17  MB
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Patric Eymann, Head of Enforcement division

Patric Eymann became a member of the Executive Board and Head of the Enforcement division in August 2016. He was previously in charge of the division’s Investigations section. A law graduate, he has worked for FINMA and the Swiss Federal Banking Commission since 1998. 


Patric Eymann

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Updated: 01.08.2016 Size: 0,09  MB
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Dr David Wyss, Head of Recovery and Resolution division

Dr. David WyssDavid Wyss was appointed Head of the Recovery and Resolution division at its inception in August 2016. He was previously Head of the Enforcement division. After gaining a Ph.D. in law, he joined the Legal department of the Swiss Federal Banking Commission (SFBC) in 1998 and later held various enforcement functions at the SFBC and FINMA.

Dr David Wyss

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Updated: 16.02.2015 Size: 0,15  MB
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Alexandra Karg, Head of Operations division

Alexandra Karg took over the Operations division on 
1 October 2016 when she also became a member of FINMA’s Executive Board. Prior to that, she headed Information Products at the Stuttgart Stock Exchange and was also a member of the management board of SIX Financial Information in Zurich.

Alexandra Karg

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Updated: 01.10.2016 Size: 0,09  MB
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