News Michel Degen is appointed a member of the Board of Directors of the Asset Management Association Switzerland
Switzerland is a key asset management center in Europe and worldwide. To further strengthen the location, the Asset Management Platform Switzerland (AMP) and the Swiss Funds & Asset Management Association SFAMA are being merged into a common branch organization for the Swiss asset management industry.
At the General Meeting of SFAMA on September 25, 2020, the changes to the Articles of Association necessary to create the association were approved, and Michel Degen, Head of Credit Suisse Asset Management Switzerland & EMEA, was newly appointed as a member of the Board of Directors of the Asset Management Association Switzerland for a period of office of three years. The following board members were also newly appointed: Iwan Deplazes (President, Zürcher Kantonalbank), Charlotte Bänninger (Vice President, UBS Asset Management), Laurent Ramsey (Pictet Asset Management), Axel Schwarzer (Vontobel Asset Management) and Mirjam Staub-Bisang (BlackRock Asset Management Switzerland).
The composition of the Board of Directors reflects the diversity of the Swiss Asset Management industry. The Board is appointed by the General Meeting for a three-year term and it elects a President and a Vice President. The core task of the Board of Directors is to set out positions on strategic/conceptual issues facing the Swiss Asset Management industry and define the SFAMA's strategy accordingly.
Asset Management Association Switzerland
The aim of the Asset Management Association Switzerland is to strengthen Switzerland’s position as a leading center for asset management with high standards of quality, performance, and sustainability. To this end, it supports its members in developing the Swiss asset management industry and adding value for investors over the long term. The Asset Management Association Switzerland is an active member of the European Fund and Asset Management Association (EFAMA) and the International Investment Funds Association (IIFA). The Asset Management Association Switzerland currently has almost 200 members.