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Christian Katz, Division CEO of SIX Swiss Exchange, has decided to leave SIX Financial, officials say.
His decision is based on “diverging views on the strategic direction and on the further development of the business area” for Swiss Exchange, a company statement says. Katz has headed SIX Swiss Exchange since 2009.
Under Katz’s leadership SIX Swiss Exchange became one of Europe’s largest stock exchanges, as well as one of the most profitable business areas of SIX Group.
“The board of directors and the executive board would like to take this opportunity to thank Christian Katz for the great commitment he has shown toward the further development of the business area Swiss Exchange and wish him all the best in both his professional and personal life,” the statement says.
Katz will depart at the end of April 2015. Christoph Landis, head operations and deputy division CEO Swiss Exchange, will assume his responsibilities temporarily following Katz’s departure.
“In an extremely challenging environment, Christian Katz stopped Swiss Exchange from losing market share in blue-chip trading and successfully expanded SIX’s leading market position,” says Urs Rüegsegger, Group CEO for SIX, in a statement. “Swiss Exchange is now one of the most modern and efficient exchange platforms in the world and in an excellent position for a fast changing environment.”
Need a Reprint?- Read More:
- SIX Financial Information,
- Swiss Exchange
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