Raiffeisen Switzerland CEO steps down unexpectedly

Raiffeisen Switzerland CEO Heinz Huber is stepping down at the end of the year. This means that Switzerland's second-largest banking group after UBS is looking for a new CEO. +Get the most important news from Switzerland in your inbox After almost six years, Huber will step down from his role as chairman of the executive board on December 31, 2024, Raiffeisen Switzerland announced on Wednesday. As of July 2025, he intends to move to the strategic management level and become chairman of Graubündner Kantonalbank (GKB). On January 1, 2025, Christian Poerschke, head of the finance and services department and deputy chairman of the executive board at Raiffeisen Switzerland, will take over for him on an interim basis. The board of directors has initiated the succession process. + Swiss banking giant returns to the fold to meet challenges Expansion of the business "Heinz Huber took over as CEO of Raiffeisen Switzerland at a very challenging time and has always managed the company ...