Hirschi will commence his new position at the beginning of 2020.
The Swiss Financial Market Supervisory Authority (FINMA) announced this Monday that it has appointed a new Head of the Asset Management division - Thomas Hirschi, who will commence the new role on the 1st of January 2020.
In addition to leading the regulator’s asset management unit, Hirschi will also join the Executive Board of the Swiss agency. He joins FINMA from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) international financial center.
The asset management division is made up of approximately 50 employees. The main role of the unit includes authorizing institutions, collective investment schemes, and the supervision of approved companies and their products. Altogether, the division supervises a total of around 9,800 investment funds and about 730 institutions.
Thomas Hirschi Returns to FINMA
The appointment announced today will see Hirschi return to the Swiss watchdog. Between 2004 until 2015 he held various senior positions at both FINMA and the Swiss Federal Banking Commission.
His most recent position with the regulator was Head of the Risk Management section within the Banks division. Previously, the 44-year-old Swiss citizen was in charge of supervising a large bank.
At ADGM, Hirschi was responsible for the authorization and supervision of both banks and insurance companies. According to the statement, he was instrumental in setting up the present structures of the regulatory authority in ADGM.
Commenting on the appointment, FINMA CEO Mark Branson said: “I am delighted that Thomas Hirschi is joining FINMA’s Executive Board. As a leader with international experience, Thomas is well aware of the specific challenges facing supervisory authorities, but he is also very familiar with FINMA and the Swiss financial centre.”
The appointment of Hirschi completes the regulator’s Executive Board, after having been vacant since Michael Loretan passed away, the statement released by the regulator today said.
The Swiss Financial Market Supervisory Authority (FINMA) announced this Monday that it has appointed a new Head of the Asset Management division - Thomas Hirschi, who will commence the new role on the 1st of January 2020.
In addition to leading the regulator’s asset management unit, Hirschi will also join the Executive Board of the Swiss agency. He joins FINMA from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) international financial center.
The asset management division is made up of approximately 50 employees. The main role of the unit includes authorizing institutions, collective investment schemes, and the supervision of approved companies and their products. Altogether, the division supervises a total of around 9,800 investment funds and about 730 institutions.
Thomas Hirschi Returns to FINMA
The appointment announced today will see Hirschi return to the Swiss watchdog. Between 2004 until 2015 he held various senior positions at both FINMA and the Swiss Federal Banking Commission.
His most recent position with the regulator was Head of the Risk Management section within the Banks division. Previously, the 44-year-old Swiss citizen was in charge of supervising a large bank.
At ADGM, Hirschi was responsible for the authorization and supervision of both banks and insurance companies. According to the statement, he was instrumental in setting up the present structures of the regulatory authority in ADGM.
Commenting on the appointment, FINMA CEO Mark Branson said: “I am delighted that Thomas Hirschi is joining FINMA’s Executive Board. As a leader with international experience, Thomas is well aware of the specific challenges facing supervisory authorities, but he is also very familiar with FINMA and the Swiss financial centre.”
The appointment of Hirschi completes the regulator’s Executive Board, after having been vacant since Michael Loretan passed away, the statement released by the regulator today said.
Paxos Appoints Former CFTC Chairman J. Christopher Giancarlo to Board
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa