Marcel Zimmermann

Marcel Zimmermann was appointed to the position of Head of Money Market and Foreign Exchange at the Swiss National Bank (SNB) in 2014. Prior to this, he was already working in the SNB’s Money Market and Foreign Exchange unit until 2009, holding the position of Deputy Head from 2000 onwards. He left this position in 2009 after having been selected in 2008 as the General Manager of the SNB StabFund, a special purpose vehicle set up to take over illiquid assets from UBS totalling USD 39 billion. The liquidation of the SNB StabFund portfolio was successfully completed in 2013. Furthermore, while at the SNB, he regularly worked as a consultant in order to strengthen central bank operations in developing and transition countries. In this role, he also participated in technical assistance missions by the IMF in Central Asia, the Caucasus and Africa. He was a member of the SNB's Investment Committee (2008-2014) and the Board of the SNB's Pension Fund (2001-2015). In 2007, he joined the Board of ACI Suisse where he currently serves as its Vice-President. Additionally, he represents the SNB on various working groups or committees, e.g. currently at the Official Sector Steering Group (OSSG) established by the FSB and as the public sector representative for Switzerland on the Global Foreign Exchange Committee (GFXC). He co-chairs the National Working Group on Swiss Franc Reference Rates and the Swiss Foreign Exchange Committee (SFXC).