Federal Council appoints two deputy members of the SNB Governing Board
Published: Friday, Dec 22nd 2023, 13:50
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Changes are taking place at the second management level of the Swiss National Bank (SNB): the Federal Council has elected two deputy members of the Governing Board.
Sébastien Kraenzlin will take office on April 1, 2024, while Rosmarie Schlup will take up her post on September 1, 2024, the SNB announced in a press release on Friday. Both were elected for the remainder of the 2021 to 2027 term of office.
The election of two deputy members of the Board of Directors was made in connection with the retirement of Dewet Moser, who will leave the Board on March 31, 2024. It was also decided last year to increase the number of deputy members of the Board of Directors from four to five. This should help to overcome the sharp increase in monetary policy and operational challenges.
Departmental allocation takes place later
Sébastien Kraenzlin studied economics at the University of St. Gallen. In 2007, he obtained a doctorate in economics from the University of Basel and joined the SNB in the same year. Kraenzlin has headed the SNB's Operational Banking division since 2016. In this role, he is responsible for strategic projects in the area of Swiss financial market infrastructure, among other things, according to the statement. In 2021, he was appointed Professor of Monetary Economics and Financial Market Infrastructure at the University of Basel.
Rosmarie Schlup studied International Relations at the Graduate Institute in Geneva and also holds a Master of Science in International Political Economy from the London School of Economics. She has held various management positions at the State Secretariat for Economic Affairs (SECO) since 2009. In 2022, the Federal Council appointed Rosmarie Schlup as Swiss Executive Director at the European Bank for Reconstruction and Development (EBRD) in London and also conferred on her the title of Ambassador.
The allocation of the new deputy members of the Governing Board to a department of the SNB will be determined at a later date, the SNB wrote.
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