FINMA Board of Directors completely renewed and new member elected
Bern, 06.09.2023 - As part of the general board elections for the new 2024-2027 term of office, the Federal Council re-elected the previous members of the Board of Directors of the Swiss Financial Market Supervisory Authority (FINMA) during its meeting on 6 September 2023. Rene W. Keller, former CIO at the bank Standard Chartered in Singapore, was elected as a new member of the Board of Directors.
FINMA's Board of Directors comprises seven to nine expert members elected by the Federal Council. For the new 2024-2027 term of office, the Federal Council re-elected the Chair, Marlene Amstad, Vice-Chair Martin Suter and the members Benjamin Gentsch, Ursula Cassani Bossy, Andreas Schlatter, Susan Emmenegger, Alberto Franceschetti and Marzio Hug. Rene W. Keller, the new member of FINMA's Board of Directors elected by the Federal Council, will take up office with the start of the new 2024-2027 term on 1 January 2024.
As FINMA is strongly committed to the use of new supervisory technologies, the digital arena is strategically important for it. Rene W. Keller was chosen because of his many years of proven management experience and his work as an internationally active financial service provider, his outstanding specialist qualifications, especially in the field of information technology and digitalisation, and his flair for economic interrelationships and strategic issues.
Rene W. Keller holds a degree in computer science from the Swiss Federal Institute of Technology Zurich (ETHZ) and has more than 26 years of professional experience in delivering technology and innovation worldwide in various sectors of the financial industry. For instance, he previously implemented various digitalisation projects and drove strategy development and implementation thanks to his strong leadership and change management skills. He headed the IT divisions in various financial institutions and was a member of senior management. He was Chief Information Officer (CIO) for Deutsche Bank's Private, Wealth and Commercial Clients, and held various board positions. Prior to that, he was in charge of IT as Group CIO at Deutsche Börse AG. From 2020 onwards, he was CIO, Corporate, Commercial and Institutional Banking, at Standard Chartered in Singapore.
Rene W. Keller has moved back to Switzerland due to his re-orientation and has ceased his previous professional activities. The new member of the Board of Directors is independent of the supervised entities and will no longer perform any duties which could lead to conflicts of interest when he takes up office.
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