The online magazine of the Swiss Bankers Association
September 21, 2016


Welcome on board Mr. Chairman

Welcome on board Mr. Chairman

Dear readers

It has now been one week since our new Chairman took over the helm of the Bankers Association. Herbert J. Scheidt, Chairman of the Board of Directors of Vontobel, succeeded Patrick Odier in his role as Chairman at Bankers Day on 15 September.

You can read about Herbert J. Scheidt’s priorities as the chief banker and where he sees the greatest challenges for the banking sector in the interview featured in this edition of insight. Herbert J. Scheidt has a strong track record as a banker, is very well acquainted with the challenges of the financial centre thanks to his many years on the Board of Directors of the SBA, and will approach these challenges with the highest level of commitment. As CEO of the SBA, I and our entire staff look forward to steering into the future with Herbert J. Scheidt.

Looking at the different articles in this edition, you will see just how varied the issues are that the financial centre faces. Cyber criminals are attacking the banking sector and Brexit is influencing Switzerland’s negotiations with the EU, but the banks are well-prepared to weather the storm: they make an important contribution to Switzerland’s total economic performance, the annual results for 2015 are robust and the stability of the institutions is exemplary. Notwithstanding this reality: resting on our laurels would be a mistake. In light of the ongoing structural change, continued strong momentum is required.

I hope you enjoy reading this edition of insight.