SWITZERLAND - Peter Meier, CEO of Zurich based Swissca Portfolio Managers has resigned from the company following a disagreement with the board on strategic policy.
Meier has been replaced as CEO by Roman von Ah, Swissca’s chief investment officer, who will also retain his current position.
Von Ah, comments: “ There was a mutual disagreement about strategic issues with the delegates of the board. This was the main reason for Peter’s departure I think.
He declined to comment further, but added that the group would be following the structure and strategy that has been in place over the last few years.
“ In that regard there is not going to be any change.”
Meier has yet to take up another position elsewhere.
“I guess he’s reflecting on his options and he has not decided yet,” says von Ah.