– SWITZERLAND, Bern – Swiss Financial Market Supervisory Authority (FINMA) today announced the elections by the Swiss Federal Council of Alberto Franceschetti and Marzio Hug as new members of the Board of Directors effective on 1st January 2022, succeeding Bernard Keller and Franz Wipfli, who will step down effective from end-December 2021.
They have both links to the Italian-speaking world and bring a willingness to engage with the concerns of Italian-speaking Switzerland.
About Dr. Alberto Franceschetti
Alberto Franceschetti has a Ph.D. in Economics with a specialization in strategy development and has many years of experience in the financial services sector and business consultancy.
Alberto Franceschetti obtained his doctorate in Economics from the University of St Gallen. He has over 30 years of professional experience in consultancy and the financial services sector, specializing in insurance and financial companies. He was previously a partner at strategy consultants Bain & Company and McKinsey & Company, where his clients included numerous global financial institutions, and worked in strategy-related posts and corporate development in the areas of private banking and wealth management at Credit Suisse. Mr. Franceschetti also has many years of experience as CFO and CRO of a Liechtenstein-based life insurance company.
About Marzio Hug
Marzio Hug is an expert in risk management and credit operations, and also brings a wealth of professional experience in corporate and investment banking.
Marzio Hug has over 30 years of experience in corporate and investment banking, as well as enormous expertise in risk management and credit operations. He began his career at the Ticino cantonal bank, followed by the Bank of Tokyo, and then moved to Credit Suisse, where he worked in corporate finance, including for international European companies. This was followed by a 25-year career at Deutsche Bank in London and Sydney, latterly as Chief Risk Officer for EMEA and the asset management business.
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