- ISIN: CH0190891181
- Land: Schweiz
Nachricht vom 12.11.2020 | 07:00
Press release: Leonteq announces change to its Executive Committee
Leonteq AG / Key word(s): Personnel
PRESS RELEASE | LEONTEQ ANNOUNCES CHANGE TO ITS EXECUTIVE COMMITTEE
Zurich, 12 November 2020
Leonteq AG (SIX: LEON) announced today that the Board of Directors has appointed Alessandro Ricci as Head Investment Solutions and Member of the Executive Committee. He is succeeding David Schmid, who will leave Leonteq after 12 years with the company.
Alessandro Ricci (1974), currently Leonteq's Deputy Head Investment Solutions and Head Switzerland & EMEA, has been appointed Head Investment Solutions and new Member of the Executive Committee effective 1 January 2021 at the latest and subject to regulatory approval. He re-joined Leonteq in June 2020 after an earlier stint at the firm in 2016/2017 as Head Sales EMEA.
From 2017 to 2020, Alessandro Ricci was Co-Head Derivatives & Head of Structured Products at Exane, and worked in various senior management positions in the Structured Products division of Nomura International from 2008 to 2016. He was at Lehman Brothers in Equity Derivatives Sales and Structuring from 2004 to 2008 and worked as a Business Analyst at McKinsey from 2000 to 2002. Alessandro Ricci is an Italian and British national and holds a Master of Science in Mechanical Engineering from the Università degli Studi di Napoli Federico II as well as an MBA in Finance from the Columbia Business School, New York.
David Schmid joined Leonteq in 2008 and was appointed to Leonteq's Executive Committee in 2016, where he was responsible for the issuance and distribution of structured products across Switzerland, Europe and Asia.
Lukas Ruflin, CEO of Leonteq, stated: "During his tenure at Leonteq, David played an important role in the expansion of our product range and global market presence, in particular in Switzerland and Asia. We are very grateful to him for his many years of service and wish him all the best in the future."
Lukas Ruflin added: "We are delighted to announce Alessandro as an ideal successor who knows our business, our clients and the team very well. His industry experience and leadership qualities will help us take Leonteq to the next stage of growth and profitability in this fast-changing environment."
This press release may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "target" "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. In addition, currently, it is very difficult to provide a meaningful prediction on how the governmental actions in response to the ongoing outbreak of a novel coronavirus disease (COVID-19) and other COVID-19 related factors will affect Leonteq's operations and how long such measures will remain in place. The COVID-19 outbreak has caused, and may continue to cause, uncertainty, economic instability and a significant decrease of total economic output in the affected areas and globally. The impact of the COVID-19 outbreak on the general economic environment in the markets in which Leonteq operates remain uncertain and could be significant. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.
End of ad hoc announcement
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