Thomas Zeeb, a manager committed to innovation is leaving his post as the head of exchanges at the Swiss stock market operator SIX. The position of head of exchange trading will be filled on an interim basis.

Thomas Zeeb is leaving Swiss financial infrastructure group SIX at the end of January, according to a statement from the exchange operator Tuesday. Zeeb resigned after 14 years, deciding to take on a new challenge where he can contribute his experience in the international development of a new business model.

The search for a successor has begun and until one is appointed, Christoph Landis will lead the exchanges division on an interim basis.

Digital Exchange Champion

Zeeb served as a member of the SIX Executive Board for 14 years and played a key role in shaping the company's development and realignment. The company praised his work on Tuesday, both in the area of exchange trading and in post-trading. He will also be remembered as the driving force behind innovations to defend and expand the Swiss exchange business. For example, he played a central role in the conception and development of the SIX Digital Exchange (SDX).

Last year, SIX gained a reputation as a location for listing Chinese companies, a business not without controversy. Zeeb's tenure also saw the dispute between the Swiss and the EU over exchange equivalence. Starting in 2019, the dispute meant equity traders from the EU were cut off from Swiss stock exchange trading, whereas with the UK, SIX has since been able to revive reciprocal securities trading.

Seasoned Interim Boss

Zeeb also helped to bring calm to the exchange's international operations, where previously been myriad changes and power struggles.

Landis has been working for the company since 1992 and is currently Head IT at SIX and is familiar with the exchange business, having been responsible for it from 2015 to 2018 and as a member of the SIX Group Executive Board.