Mon, Dec 5, 2016

Business, Banking & Finance
Dual CEOs to steer asset manager ahead

In its pursuit of sustainable growth, Zurich-based asset management boutique Fisch Asset Management has appointed Juerg Sturzenegger and its current Head of Convertible & Corporate Bonds, Philipp Good, as joint leaders of the company. 

The appointments are effective January 1, 2017.

Pius Fisch, Chairman of the Board and co-founder of Fisch Asset Management, said: "We have decided to appoint an external industry expert in Juerg Sturzenegger as our new co-CEO alongside Philipp Good. Our long-held culture of open communication and complete transparency make us ideally suited for dual leadership to be successful. The two CEOs will be responsible for further developing our portfolio management and sales activities as well as our operations and IT infrastructure. Given our future growth plans and our increasingly international focus, this dual leadership structure is just right for Fisch Asset Management."

Sturzenegger has accumulated considerable experience over nearly three decades in the financial services industry. His previous positions include COO, CIO and co-CEO at VP Bank Group, Liechtenstein, CEO and Global Head Wealth Management Solutions at VP Bank (Schweiz) as well as senior management positions at Bank Julius Baer & Co and Bank Leu. Most recently he has held both strategic and operational roles as an independent consultant in leading Swiss financial institutions. He studied in Zurich and Palo Alto, California, and holds a degree in economics and business administration. 

"I very much look forward to bringing new ideas into Fisch’s existing unique corporate culture and its boutique character. I am convinced that this new leadership structure will support the growth to which we aspire," noted Sturzenegger.

With more than 20 years of industry experience, Good has been with Fisch for over ten years and is currently a member of the Executive Committee. 

"I am excited about my new responsibility as CEO together with Juerg Sturzenegger. Together we will do our best to prepare Fisch for the opportunities and challenges that lie ahead,” Good commented.

The change in leadership was initiated at the request of current CEO Patrick Gügi who has, over the past nine years, helped shape the firm into a successful asset management boutique. Gügi will continue at Fisch, and will focus on the development of the firm’s flourishing multi-asset strategies. He will remain a member of the Board.

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