The bank has created a CPO position and has promoted long-serving HR head Tara Yip to the role.
Effective 2025, she will join the company's Executive Management team.
Tara Yip, Chief People Officer at Swissquote. Source: YouTube
Swissquote has
announced the creation of a Chief People Officer (CPO) position, appointing
long-serving Head of Human Resources Tara Yip to the role effective January 1,
2025.
Swissquote Elevates HR
Head Tara Yip to Newly Created Chief People Officer Role
The
appointment marks a significant strategic shift for Switzerland's leading
online bank as it elevates human capital management to the executive level.
Yip, who has led Swissquote's HR operations for over two decades, will join the
company's Executive Management team in her new capacity.
A Swiss
native born in 1973, Yip brings extensive experience in talent management,
diversity initiatives, and organizational development to the role. During her
22-year tenure as Head of Human Resources, she has played a pivotal role in
managing the company's workforce expansion and integrating personnel from
various acquisitions.
Marc Bürki, CEO of Swissquote
“We
are pleased to promote Tara as our new Chief People Officer from January
2025,” said Marc Bürki, CEO of Swissquote. “Tara, in her role as Head of Human Resources, has been instrumental to the company’s growth story. In a
competitive environment where people are key to the success of a company,
Tara’s expertise, experience, and leadership will be invaluable as we continue
to grow.”
The CPO position was created as Swissquote continues to expand its digital banking operations. Yip, who holds a psychology degree from the University of Geneva, will strengthen the company's
people-centric culture.
This is another significant C-level move following the appointment of a new Chief Operating Officer (COO) a year ago. In September 2023, Swissquote named Nestor Verrier as COO, succeeding Lino Finini, who retired at the end of last year.
Swissquote Reports 19%
Revenue Growth
Swissquote
reported CHF 316.9 million in net revenues for the first half of 2024,
reflecting a 19.3% increase compared to the same period last year. The
company's pre-tax profit rose to CHF 169.7 million, a significant 35.9% growth.
Additionally, client assets grew to CHF 68 billion, up 19.6%, with net new
money inflows totaling CHF 3.8 billion. In light of these results, Swissquote
has revised its 2024 pre-tax profit target to CHF 320 million.
The
Swiss-based online broker has also increased its visibility in sports
sponsorships, becoming the principal sponsor for two local ice hockey teams,
Zurich’s ZSC Lions and Genève-Servette Hockey Club.
Last week,
Swissquote expanded its services to offer fractional share trading. By removing the need to purchase full shares, Swissquote aims to give clients more flexibility. Previously, trading strategies were often constrained by share prices instead of available
funds.
Swissquote has
announced the creation of a Chief People Officer (CPO) position, appointing
long-serving Head of Human Resources Tara Yip to the role effective January 1,
2025.
Swissquote Elevates HR
Head Tara Yip to Newly Created Chief People Officer Role
The
appointment marks a significant strategic shift for Switzerland's leading
online bank as it elevates human capital management to the executive level.
Yip, who has led Swissquote's HR operations for over two decades, will join the
company's Executive Management team in her new capacity.
A Swiss
native born in 1973, Yip brings extensive experience in talent management,
diversity initiatives, and organizational development to the role. During her
22-year tenure as Head of Human Resources, she has played a pivotal role in
managing the company's workforce expansion and integrating personnel from
various acquisitions.
Marc Bürki, CEO of Swissquote
“We
are pleased to promote Tara as our new Chief People Officer from January
2025,” said Marc Bürki, CEO of Swissquote. “Tara, in her role as Head of Human Resources, has been instrumental to the company’s growth story. In a
competitive environment where people are key to the success of a company,
Tara’s expertise, experience, and leadership will be invaluable as we continue
to grow.”
The CPO position was created as Swissquote continues to expand its digital banking operations. Yip, who holds a psychology degree from the University of Geneva, will strengthen the company's
people-centric culture.
This is another significant C-level move following the appointment of a new Chief Operating Officer (COO) a year ago. In September 2023, Swissquote named Nestor Verrier as COO, succeeding Lino Finini, who retired at the end of last year.
Swissquote Reports 19%
Revenue Growth
Swissquote
reported CHF 316.9 million in net revenues for the first half of 2024,
reflecting a 19.3% increase compared to the same period last year. The
company's pre-tax profit rose to CHF 169.7 million, a significant 35.9% growth.
Additionally, client assets grew to CHF 68 billion, up 19.6%, with net new
money inflows totaling CHF 3.8 billion. In light of these results, Swissquote
has revised its 2024 pre-tax profit target to CHF 320 million.
The
Swiss-based online broker has also increased its visibility in sports
sponsorships, becoming the principal sponsor for two local ice hockey teams,
Zurich’s ZSC Lions and Genève-Servette Hockey Club.
Last week,
Swissquote expanded its services to offer fractional share trading. By removing the need to purchase full shares, Swissquote aims to give clients more flexibility. Previously, trading strategies were often constrained by share prices instead of available
funds.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
After Nearly Two Decades, Sam Irwin Follows Former IG CEO to Crypto.com
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
