The Swiss stock exchange is going through a significant leadership change as CEO Jos Dijsselhof steps down. Dijsselhof's departure comes as he pursues a new career opportunity in the Middle East, leaving behind unfinished business at the Six Group, the operator of the Swiss stock exchange.
Six Group expanded its operations internationally during Dijsselhof's tenure. However, questions remain about the impact on its competitiveness and independence. The decision to sell its payment transaction division to Worldline in 2018 has not resulted in the anticipated growth, leading to financial struggles for Six. The company's share price has declined, raising concerns for its stakeholders.
The integration of trading platforms from the Spanish and Swiss exchanges has been challenging for Six, and the company is seeking to navigate its business model. In an effort to strengthen its position, Six has pursued acquisitions, including the planned acquisition of Aquis Exchange.
The Board of Directors will play a crucial role in guiding Six through its challenges and capitalizing on growth opportunities. The future of the Swiss stock exchange depends on addressing integration issues and leveraging international expansions.