Zürcher Kantonalbank: Urs Baumann becomes new Chairman of the Executive Board
Urs Baumann will become the new Chief Executive Officer of Zürcher Kantonalbank as of September 1, 2022. He joins the bank as of June 1, 2022, to ensure a smooth transition in leadership.
The Bank Council of Zürcher Kantonalbank has appointed Urs Baumann as the new CEO of Zürcher Kantonalbank as of September 1, 2022. To ensure a smooth transition in the operational management of the bank, Urs Baumann will join as a member of the General Management as of June 1, 2022. The Swiss national has been CEO of Blue Earth Capital AG in Zug since 2015 and has more than 20 years of professional and leadership experience with global, regional and national financial companies. He started his career in 1993 as a consultant with McKinsey & Company in Zurich. From 1998, he gained professional experience in the finance and banking sector at Swisscard in Horgen, Barclays Bank PLC in London, Lindorff Group in Oslo and Bellevue Group AG in Küsnacht. In 2015, Urs Baumann became co-founder of Blue Earth Capital AG in Zug (formerly PG Impact Investments AG), which he still manages today. Urs Baumann holds a Master of Arts degree from the University of St. Gallen and an MBA degree from the University of Chicago Booth School. Together with his partner, Urs Baumann lives in Schindellegi, Canton Schwyz. He will change his place of residence to the Canton of Zurich.
"Urs Baumann will take over a strong Zürcher Kantonalbank," says Martin Scholl, CEO of Zürcher Kantonalbank, who will hand over operational management next year after 15 years of service. "The bank is in excellent shape and solidly positioned due to its successful diversification strategy. We will continue to pursue the bank's strategic projects at full speed in order to achieve another good annual result next year. I would like to extend a warm welcome to Urs Baumann at Zürcher Kantonalbank and look forward to working with him. We will ensure a smooth handover of the baton." The appointment of Urs Baumann as Martin Scholl's successor results from a careful and multi-stage selection process that demonstrates the bank's commitment to strong corporate governance, the statement to the media said. "I would like to thank the Bank Council for the trust they have placed in me. It is an honor for me to be able to lead the leading bank in the Zurich economic region," Urs Baumann is quoted as saying.
Source: ZKB
