Switzerland national bank governing board changes announced

According to a press release dated 17 December 2014, the Swiss Federal Council appointed Fritz Zurbrügg as the new Vice Chairman of the Governing Board of the Swiss National Bank (SNB). Mr Zurbrügg, who is currently Member of the Governing Board and Head of Department III at the SNB, will take up his new position, and with it the post of Head of Department II, with effect from 1 July 2015.

Also with effect from 1 July 2015, the Federal Council has appointed Andréa Maechler, currently Deputy Division Chief in the Global Markets Analysis Division of the International Monetary Fund (IMF) in Washington, as new Member of the Governing Board. Ms Maechler will occupy the Board position vacated by Jean-Pierre Danthine, who relinquishes his post at the end of June 2015 upon reaching retirement age. Ms Maechler will become the Head of Department III.

These board changes may result in new signature varieties on Swiss notes.

Courtesy of Christof Zellweger.