Martin Schlegel to become Chairman of SNB

At its meeting of 26 June 2024, the Federal Council appointed Martin Schlegel as new Chairman of the Governing Board of the Swiss National Bank (SNB) and thus as successor to Thomas Jordan.

Martin Schlegel will assume office with effect from 1 October 2024 and take over as Head of Department I in Zurich. He has until now served as Vice Chairman of the Governing Board and headed the SNB’s Department II.

Effective as of the same date, the Federal Council appointed Antoine Martin, currently Member of the Governing Board and Head of Department III, as Vice Chairman of the Governing Board. He will take over as Head of Department II in Berne.

Acting on a proposal from the Bank Council, the Federal Council appointed Petra Tschudin, currently Alternate Member of the Governing Board, as new Member of the Governing Board. She will take over as Head of Department III in Zurich with effect from 1 October 2024.

Martin Schlegel (born 1976) joined the SNB in 2003. The Federal Council appointed him as Alternate Member of the Governing Board with effect from 1 September 2018, and as Vice Chairman of the Governing Board with effect from 1 August 2022. Prior to that, he headed the Foreign Exchange and Gold unit from 2009, and the SNB’s branch office in Singapore from 2016. From 2011 to 2018, he was a Member of the SNB’s Investment Committee.