At Migros Bank, the current head of private clients is departing from the executive board. His successor comes from Liechtensteinische Landesbank.

Markus Schawalder is moving from Liechtensteinische Landesbank (LLB) to Migros Bank, where he will become head of private clients. Schawalder replaces Markus Maag, who will take over as head of private clients in the Zurich region at the beginning of April, Migros Bank announced on Monday. He is thus leaving the executive board.

His successor Schawalder is also head of private clients at LLB. Prior to that, he worked at Basler Kantonalbank from 2014 to 2018, first as head of sales development, then as head of private clients.