SIX, the operator of the Swiss stock exchange, appointed a new chief executive officer. He joins the firm from European rival Euronext. The Swiss firm also unveiled a slimmer set-up and a planned disposal.
Jos Dijsselhof will take up his duties as head of the Zurich-based financial-services company in the new year, SIX said in a statement today. The Dutch executive was chief operating officer and temporary CEO of Euronext in Amsterdam.
Dijsselhof, 52, is an IT scientist and business manager. In his career, he was in charge of numerous change project, SIX said. He has broad experience in the securities and financial data business and in payment services. As such, Dijsselhof has all it takes to take charge of the Swiss company which covers those fields as a national service provider.
New Business Strategy
The newly appointed executive follows in the footsteps of Urs Rueegsegger, who announced his intention to resign in May. SIX is in the process of redeveloping its business strategy, the company said.
The company will focus on infrastructure services for its shareholders and the financial market at large and provide products for the securities business, payment transactions and financial information. SIX also said it will streamline its organization, including by carving out its cards business with the ultimate goal of selling or merging it elsewhere.
SIX will also launch a venture fund with 50 million Swiss francs. It will help developing innovative products in the business of financial services.
