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 Deputy is appointed by the Board of Directors at the request of the CEO on a rotating basis.
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.
Urban Angehrn has been FINMA’s CEO since 1 November 2021. From 2015 to 2021 he was Group Chief Investment Officer and a member of the Executive Committee and previously held various managerial roles at Zurich Insurance Group. Prior to that, the mathematician held various roles at AXA Winterthur, Credit Suisse First Boston and JP Morgan.
On 17 September 2018, Birgit Rutishauser was appointed Head of the Insurance division and a member of FINMA's Executive Board. Birgit Rutishauser had previously occupied various management positions in the insurance industry, namely at Nationale Suisse and Zurich Switzerland. The Board of Directors appointed Birgit Rutishauser to the rotating role of Deputy CEO with effect from 1 June 2019.
Léonard 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.
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.
Philip Hinsen has been an ad interim member of the Executive Board and Head of the Asset Management division since 1 February 2022. He has held various roles at FINMA since 2010, most recently leading the Authorisation section of the Asset Management division since 2014.
Thomas Hirschi has been a member of the FINMA Executive Board since 1 January 2020 and is in charge of the Banks division. From 2020 to January 2022, he was Head of the Asset Management division, form 2015 to 2019, he was responsible for the supervision of banks and insurance companies licensed by the Financial Services Regulatory Authority of the Abu Dhabi Global Market and before that he held various senior positions at FINMA.
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.
Johanna Preisig has been a member of the Executive Board with responsibility for the Strategic Services division since 1 July 2020. She previously held a managerial role within FINMA’s Recovery and Resolution division.
Rupert Schaefer has headed the Recovery and Resolution division since 1 July 2020. He previously led the Strategic Services division. Rupert Schaefer has been a member of the Executive Board since 1 January 2015.