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In 2025, the Swiss economy is projected to grow slightly, with GDP growth revised to 1.5%. The financial sector is recovering post-Credit Suisse crisis, while the pharmaceutical industry faces uncertainties due to potential U.S. drug pricing changes. The food sector must navigate rising commodity prices and shifting consumer demands, particularly in chocolate.
Kristine Schulze has been elected to the Bank Council of Zürcher Kantonalbank, replacing Henrich Kisker, who is stepping down due to age-related term limits. A sustainability specialist with over 30 years in the financial sector, Schulze's experience is seen as a valuable addition to the council.
Patrick O. Müller has been unanimously elected as the new Chairman of the Zurich Banking Association, succeeding Daniel Hunziker. Müller, a 46-year-old Regional Director at UBS with 18 years of experience, aims to represent the financial sector in Zurich with commitment and responsibility. Hunziker, who led the Association from 2019 to 2024, will be honored for his contributions at the 2024 General Meeting.
German exporters show renewed optimism for the first time in six months, despite initial concerns following Donald Trump's election victory. Meanwhile, the Swiss financial sector remains robust, contributing CHF 108.4 billion in value added and CHF 20.7 billion in tax revenues, although employment is expected to decline due to integration challenges at Credit Suisse. Additionally, a non-partisan alliance in Switzerland is advocating for stricter environmental regulations in the financial sector.
Jos Dijsselhof is stepping down as CEO of the Swiss stock exchange after seven years, with Bjørn Sibbern set to take over on January 1, 2025. Sibbern, who joined earlier this year, previously managed stock exchanges at Nasdaq in the Nordic and Baltic regions.
SIX, the Swiss stock exchange operator, has appointed Bjørn Sibbern as CEO of the entire Group starting in 2025, succeeding Jos Dijsselhof, who is leaving for a new opportunity in the Middle East. Sibbern, who joined SIX in early 2024 from Nasdaq, has extensive experience in capital markets and has overseen significant IPOs during his tenure. Dijsselhof will remain until February 2025 to ensure a smooth transition, while Tomas Kindler will manage the exchanges on an interim basis until a successor is appointed.
Jos Dijsselhof has resigned as CEO of the Swiss stock exchange SIX after seven years, following significant losses in 2023. Bjørn Sibbern, who has extensive experience in capital markets, will take over the role in 2025. Under Dijsselhof, SIX underwent strategic repositioning, including the sale of its card business and the acquisition of the Spanish stock exchange BME, which contributed to the financial downturn.
Swiss stock exchange operator SIX has appointed Bjørn Sibbern as CEO, effective January 1, 2025, following the departure of Jos Dijsselhof after seven years. Sibbern, who has extensive experience in capital markets and previously led SIX’s international exchange business, will ensure a smooth transition until the end of February. Under Dijsselhof, SIX underwent significant strategic transformation, including the sale of its card business and the acquisition of the Spanish stock exchange BME.
SIX announces a leadership change as CEO Jos Dijsselhof departs for a new opportunity in the Middle East, effective January 1, 2025. He will be succeeded by Bjørn Sibbern, currently Global Head Exchanges, who has a background with Nasdaq and E*TRADE. Dijsselhof will remain until February 2025 to ensure a smooth transition.
Bjorn Sibbern
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