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08.05.2025 07:00:43
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Press release: Leonteq announces changes to its organisation
Leonteq AG / Key word(s): Personnel PRESS RELEASE | LEONTEQ ANNOUNCES CHANGES TO ITS ORGANISATION
Zurich, 8 May 2025 | Ad hoc announcement pursuant to Art. 53 LR Leonteq AG (SIX: LEON) today announced that it will resize its Executive Committee to enable faster decision-making and streamline internal processes. At the same time, the company will establish an extended senior management team to strengthen functional leadership and enhance coordination across front office functions. Leonteq will resize its Executive Committee from 7 to 5 members with immediate effect. It will include Christian Spieler, CEO, Hans Widler, CFO, Reto Quadroni, CRO, Manish Patnaik, COO, and Jasmin Koelbl-Vogt, General Counsel. Leonteq also announced that in view of his upcoming retirement, the Board of Directors is preparing the succession of CRO Reto Quadroni and is already well advanced in this process. Leonteq expects to announce a new CRO in the coming months. An extended senior management team, consisting of Lorenzo Leccesi (new Head of Investment Solutions) as well as Alexander van Gasselt and Karthik Eswar (Co-Heads of Markets) will be established. Christian Spieler, CEO of Leonteq, stated: “Leonteq operates in a rapidly changing environment. At the same time, we must adapt to a broader regulatory framework and seize growth opportunities. The ability to make decisions quickly while staying close to our clients and the market is therefore essential. With the new setup, we are well positioned to deliver on our commitment to state-of-the-art client- and market-driven solutions.” Lorenzo Leccesi appointed new Head of Investment Solutions Lorenzo Leccesi, Head of Sales Europe and Deputy Head of Investment Solutions at Leonteq since 2023, will succeed Alessandro Ricci, who will leave the company. In his new role as Head of Investment Solutions, he will be reporting to CEO Christian Spieler. Lorenzo Leccesi has extensive experience in the financial services industry, having worked at large investment banks for more than 15 years. Before joining Leonteq, he led the UK and EMEA Equity Derivatives and Delta 1 Sales and Structuring area at Citibank in London and was Head of EMEA Retail Cross Asset Solutions Sales before that. Prior to that, he spent eight years at JP Morgan, most recently as Head of UK Equity Derivatives and previously as Cross Asset Sales. Chief People Officer Markus Schmid has decided to step down from his position and will leave the firm. Isabelle Hauser will be appointed as new Head of Human Resources. She has over 17 years of experience in Human Resources at Schroders and State Street, most recently as Head HR Switzerland & Austria, before joining Leonteq in 2024. Christopher Chambers, Chairman of the Board of Directors at Leonteq, stated: “The changes announced today, as part of a broader effort, will amplify Leonteq`s transformation into a lean, client-focused, technology-based investment product and distribution platform. We sincerely thank Alessandro Ricci and Markus Schmid for their dedication and valuable contributions to the firm over the past years.”
Media Relations Investor Relations
LEONTEQ Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries across Europe, Middle East and Asia. Leonteq AG has a BBB credit-rating by Fitch Ratings, was assigned with an AA ESG-rating by MSCI and is listed on the SIX Swiss Exchange (SIX: LEON). www.leonteq.com
DISCLAIMER This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law. This press release may contain specific forward-looking statements, e.g. statements including terms like “believe“, “assume“, “expect“, "target" “forecast“, “project“, “may“, “could“, “might“, “will“ or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation. End of Inside Information |
2132580 08-May-2025 CET/CEST
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