SWITZERLAND – Kraft Foods Switzerland has appointed Daniel von Niederhausern as manager for its pension fund, based in Bern.

Von Niederhausern was previously manager of pension funds for small enterprises at Swiss insurer, Vaudoise Assurance. He will now oversee the pension fund for Kraft Foods Switzerland, replacing Rene Zaugg. Zaugg left the company in January to take up a similar position with the Canton of Bern’s pension fund.

The pension fund of Kraft Foods Switzerland, previously Kraft Jacobs Suchard, has around 450 million Swiss francs (284.5 million euros) in assets, with 500 active members and 800 retired members.