Federal Council appoints Martin Schlegel as new SNB Chairman

The Federal Council has filled the management positions at the Swiss National Bank (SNB). As expected, Martin Schlegel will become Chairman and Petra Tschudin will become a new member of the Governing Board. Antoine Martin will take over Schlegel's previous post of Vice-Chairman. Schlegel succeeds Thomas Jordan. Jordan has headed the SNB since April 2012 and will step down at the end of September 2024. Schlegel is considered Jordan's "foster son" and was the logical successor for many observers. Daily news ...