Livia Moretti becomes new CEO of Bank CIC

Since December 23, 2022, Bank CIC (Switzerland) has been managed on an interim basis by David Fusi. Now Livia Moretti becomes the new CEO. She has a solid and extensive international management, banking and financial expertise. For the last ten years, she was a member of the Executive Board of the European Central Bank, where she acquired extensive knowledge of international banking strategy, practice and regulation. In this capacity, she managed multicultural teams spread across several countries. Livia Moretti is a Luxembourg national and started her banking career with a private banking group in Luxembourg, where she worked for eight years in various functions. In addition to English, she is fluent in French, German and Italian. She holds a Master's degree in "Economy of Financial Institutions and Markets" from the Università Commerciale Luigi Bocconi in Milan. She lives with her family in Basel. Livia Moretti will step down as CEO on February 1, 2023, at which time David Fusi will return to his client service responsibilities at Bank CIC (Switzerland) Ltd.

"The best way to predict the future is to shape it yourself," says Livia Moretti of her new role. "I am convinced that through the commitment and professionalism of our teams, we will achieve our ambitious goals." Éric Charpentier, Chairman of the Board of Directors of Bank CIC (Switzerland) Ltd, emphasizes, "With her many years of experience in the international financial sector, Ms. Livia Moretti is the ideal person to take on the responsible role of CEO. On behalf of the entire Board of Directors of Bank CIC, I wish her every success and pleasure in her new position."

Bank CIC (Switzerland) was founded in 1871 by Basel entrepreneurs to meet the financial needs of businesses. It currently employs 430 people at ten locations in Switzerland. Today, the bank is a subsidiary of the French Crédit Mutuel Group.

Source: Bank CIC (Switzerland)