SNB leadership reconstructed: Antoine Martin becomes a member of the National Bank Board of Directors

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It took a long time, but now the successor to Andrea Mächer (54) has finally been determined: Antoine Martin (54) will take over department 3 of the Swiss National Bank on January 1, 2024.

Vaudois is an economist and studied in Lausanne and the USA. He currently works at the Federal Reserve Bank of New York, where he holds various senior positions.

Responsible for foreign exchange buying and selling

Martin has extensive and practical experience in monetary and monetary policy matters. Its activities include leading research on the implementation of monetary policy and developing improvements in payment and settlement systems that will reduce systemic risks.

Department 3, mostly based in Zurich, covers the areas of money market and foreign exchange trading, asset management, operational banking and IT, and is responsible for the SNB branch in Singapore. This allows the national bank – if necessary – to intervene in foreign exchange trading at any time of the day.

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Source :Blick

Tim

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.