Swissquote to Appoint Beat Oberlin as New Board Member

One of the Swiss banks that are focusing their business on retail and institutional broking services, Swissquote has announced that the company is about to appoint a new board member. Dr Beat Oberlin is going to be proposed for election to shareholders at the Annual General Meeting of the company on May 13th 2016.

Commenting on the announcement the Chairman of the Board of Swissquote, Mario Fontana said: "Beat Oberlin has a wide-ranging experience in the banking sector and will be a major asset for us. I am convinced that he and his expert knowledge will be an effective compliment to our board."

Oberlin is already Chairman of the Executive Board of Basellandschaftliche Kantonal Bank, which is one of the 24 cantonal banks which are serving the 26 Swiss cantons. The institution was founded in 1864 and has assets of over CHF 23 billion as of the end of 2015.

As part of the appointment, Oberlin has agreed to retire from his position at Basellandschaftliche Kantonal Bank at the end of March 2017. He has been holding the position of chairman at the bank since 2005, after joining from UBS.

In total Dr Oberlin has over 20 years of experience in the banking sector, and he also holds a doctorate in law and is a licensed notary. Before joining Basellandschaftliche Kantonal Bank, he was serving as Head of Retail and Head of Corporate Clients for the Basel area at UBS.

At present, Mr Oberlin is also the director of the Association of Swiss Cantonal Banks.