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Rolf Olmesdahl, previously a key figure in Raiffeisen Switzerland's management, is being considered for the CEO position following the departure of Heinz Huber after an IT crisis. With a background in computer science and significant experience in banking, including a successful tenure at UBS, Olmesdahl has been instrumental in IT transformations and is currently overseeing the integration of Old CS Switzerland into New UBS.
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 CEO of Raiffeisen at the end of the year, transitioning to Chairman of the Board of Directors at Bündner Kantonalbank in July 2025. His tenure at Raiffeisen, marked by significant reforms and a failed super app launch, has been overshadowed by digitalization challenges and internal frustrations.
Heinz Huber's unexpected departure as CEO of Raiffeisen Switzerland follows a successful tenure marked by significant growth, including a rise in group profit from CHF 835 million to CHF 1.39 billion. Despite expanding its client base amid Credit Suisse's decline, the bank faced setbacks in digital services, notably with a delayed app launch. Huber will take over as President of Graubünden Kantonalbank, succeeding Peter Fanconi amid scrutiny over a controversial loan.
Heinz Huber, CEO of Raiffeisen since January 2019, will leave the bank at the end of the year to become Chairman of Graubünden Kantonalbank in July 2025, succeeding Peter Fanconi, who is stepping down amid scrutiny over a controversial loan. Christian Poerschke will serve as interim CEO of Raiffeisen during this transition.
Eastern Switzerland's financial institutions are facing significant challenges, particularly Raiffeisen, which is grappling with IT issues and customer dissatisfaction. CEO Heinz Huber will step down at the end of the year amid a 500 million franc debacle, yet he will take on the role of Chairman at Graubündner Kantonalbank in July 2025. The region's banking sector continues to be marred by scandals and governance concerns, raising questions about the accountability of its leaders.
Heinz Huber will step down as CEO of Raiffeisen Zurich at the end of the year to become Chairman of Graubünden Kantonalbank in July 2025. Christian Poerschke, currently Vice-Chairman, will serve as interim CEO. Huber, who has led Raiffeisen since January 2019, successfully navigated the bank's recovery following significant losses in 2018.
Heinz Huber will step down as CEO of Raiffeisen at the end of the year to become Chairman of Graubünden Kantonalbank in July 2025. Huber, who has led Raiffeisen since January 2019, is credited with restoring the bank's growth after a challenging period marked by significant losses. Christian Poerschke will serve as interim CEO during the transition.
Heinz Huber will step down as CEO of Raiffeisen at the end of the year to become President of Graubünden Kantonalbank in July 2025. Christian Poerschke, currently Vice-Chairman of the Executive Board, will serve as interim CEO. Huber, who has led Raiffeisen since January 2019, played a crucial role in the bank's recovery following the Vincenz affair, which involved significant legal issues and financial losses.
Pierin Vincenz
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