– SWITZERLAND, Basel – Tareno Ltd today announced that the Basel investment management Company is undergoing a generational change in management.
Josef U. Bollag, the long-time CEO and a majority shareholder was elected to the Board of Directors at the Annual General Meeting on 17 June 2020. He is taking over as Chairman from the previous incumbent, Othmar Cueni, who will now become Vice Chairman.
Josef Bollag will play an active role in Tareno as full- time Chairman of the Board of Directors and will continue to attend his clients.
Josef Bollag will hand over operational management to his current deputy Sybille Wyss, CIO and Head of Portfolio and Asset Management.
Othmar Cueni said: “On behalf of the Board of Directors, we would like to thank Josef U. Bollag for his long-term commitment and great dedication. He has always led Tareno successfully with a firm hand. With Mrs Wyss as new CEO, we are able to perfectly fill this position. She has earned the trust of the shareholders, the Board of Directors and the employees over many years and will continue to pursue the adopted strategy with her expertise and her innovative strength.”
The current Board members Oscar Battegay and Thomas Bucher were re-elected.
About Sybille Wyss
Sybille Wyss joined Tareno in 2004 and has successfully expanded the Portfolio and Asset Management area over the last few years. In 2012 she was appointed CIO and Head of Portfolio and Asset Management. Since 2015 she has also served as Deputy CEO and has successfully developed the company in close cooperation with Josef U. Bollag.
Mrs Wyss holds a degree in business administration and has previously completed a bank traineeship at UBS AG.
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