The SIX Swiss Exchange is undergoing a significant leadership change as Bjørn Sibbern, the current CEO of SIX Exchange, is set to lead the entire Group starting in early 2025.
This transition follows the departure of Jos Dijsselhof, the outgoing CEO, who led the company for seven years and implemented a major reorganization.
Sibbern, who joined SIX in early 2024 from Nasdaq, brings over two decades of experience in capital markets and has held key positions at OMX Exchanges and E*TRADE Bank Denmark.
Sibbern's appointment is strategic for SIX, as he has already demonstrated his capabilities as Global Head of Exchanges, overseeing the Swiss Exchange, the Spanish stock exchange BME, and the digital exchange SDX.
His recent acquisition of Aquis Exchange in London aims to enhance SIX's competitive edge in the pan-European market.
Under Dijsselhof's leadership, SIX underwent a significant reorganization, including the merger of the Swiss Stock Exchange with securities settlement and custody services.
This restructuring positioned SIX as a more innovative and service-oriented financial infrastructure provider.
Dijsselhof's departure is scheduled for the end of February 2025, allowing for a smooth transition to Sibbern.
The Board of Directors has expressed confidence in Sibbern's leadership abilities, with Chairman Thomas Wellauer highlighting his assertiveness and motivation.
Until a permanent successor is appointed, Tomas Kindler will manage the exchanges on an interim basis.
Sibbern's initial months at SIX have been marked by notable achievements, including overseeing two major IPOs with Galderma in Switzerland and Puig in Spain.
He is optimistic about the recovery of trading volumes on European stock exchanges and emphasizes the importance of innovation and strategic acquisitions in enhancing SIX's market position.
The upcoming leadership transition is a pivotal moment for SIX as it aims to solidify its role as a key player in the global financial infrastructure.