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baloise appoints andrea kleiner as new head of corporate customers
Baloise has appointed Andrea Kleiner as the new Head of Corporate Customers, effective April 1, 2025, succeeding Patric Olivier Zbinden, who will transition to Head of Customer Services. Kleiner, with extensive experience in the insurance sector and a focus on digital transformation, will join the Executive Committee to drive strategic goals and enhance the Corporate Customers division. CEO Clemens Markstein emphasized her strategic thinking and implementation skills as vital for Baloise's growth and efficiency objectives.
UBS navigates dual role amid activist pressure on Baloise
UBS is navigating a dual role in the Swiss equity market by first facilitating activist investor Cevian and now advising Baloise, which is facing pressure from this activist. The bank's significant fund holdings position it uniquely within the ongoing developments.