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Heinz Huber, CEO of Raiffeisen Switzerland, will resign unexpectedly on December 31, 2024, to become Chairman of Graubündner Kantonalbank (GKB) in July 2025. Christian Poerschke will serve as interim CEO during the transition, as the bank seeks both internal and external successors. Huber's tenure at Raiffeisen saw significant growth despite challenges, including a scandal that impacted the bank's reputation.
Heinz Huber, after six years at the helm of Raiffeisen Switzerland, will step down at the end of the year to become Chairman of Graubündner Kantonalbank in July 2025. His tenure saw internal reforms and a profit increase, but critics argue he failed to innovate or diversify the bank's offerings. Huber's successor at Raiffeisen is yet to be determined, with CFO Christian Poerschke temporarily leading the bank amid ongoing strategic challenges.
Heinz Huber will leave his position as chair of the executive board at Raiffeisen Switzerland at the end of the month to become president of Graubündner Kantonalbank (GKB) starting 1 July 2025. His term will last until 30 June 2029, succeeding retiring president Peter Fanconi. Christian Poerschke, currently deputy chair and head of finance and services at Raiffeisen, will serve as interim chair.
Heinz Huber, currently the head of Raiffeisen Switzerland, has been appointed as the new Chairman of Graubündner Kantonalbank (GKB), effective July 1, 2025. He succeeds Peter Fanconi, who will remain in his position until June 2025 amid scrutiny over GKB's lending practices. Huber, connected to Graubünden through a second home, has a notable banking career, including his tenure as CEO of Thurgauer Kantonalbank.
Raiffeisen is set to search for a new leader as Heinz Huber, the soon-to-be ex-Chairman of Raiffeisen Switzerland, transitions to his new role as Chairman of Graubündner Kantonalbank. This change comes just two weeks before the departure of the head of Switzerland's third-largest bank, highlighting a period of instability for the banking group.
Heinz Huber, the current CEO of Raiffeisen, is set to become the new Chairman of Graubündner Kantonalbank (GKB) starting in summer 2025. This appointment follows the resignation of Peter Fanconi and is expected to positively impact the bank's share price.
Graubuendner Kantonalbank, based in Switzerland, provides a range of banking products and services to retail, corporate, and institutional clients. Its operations are divided into four main divisions: private, corporate, private banking, and youth, offering services such as accounts, financial consulting, asset management, and online banking.
Heinz Huber, CEO of Raiffeisen Switzerland since January 2019, will step down at the end of the year to become Chairman of the Board of Directors at Graubündner Kantonalbank in July 2025, succeeding Peter Fanconi. Huber's tenure saw significant growth for Raiffeisen, despite recent turbulence, including the departure of COO Uwe Krakau following a failed app launch. Christian Poerschke will serve as interim CEO while a succession plan is underway.
Heinz Huber is stepping down as CEO of Raiffeisen Switzerland after nearly six years, with plans to become Chairman of Graubündner Kantonalbank in July 2025. Christian Poerschke, currently Head of the Finance and Services Department, will serve as interim CEO starting January 1, 2025. The Board of Directors has begun the succession process.
Heinz Huber is stepping down as CEO of Raiffeisen Switzerland after nearly six years to become Chairman of Graubündner Kantonalbank in July 2025. Christian Poerschke, currently Head of the Finance and Services Department, will serve as interim CEO starting January 1, 2025. The Board of Directors has begun the succession process.
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