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Swiss Govt Names New SNB Bank Council President

ZURICH, Sept 2 (Reuters) - The Swiss government on Wednesday named Christoph ​Ammann as the new president of ‌the Swiss National Bank's Bank Council, the body which oversees the ​central bank.

Ammann will replace ​Barbara Janom Steiner from May ⁠1, 2027, the SNB ​said. Janom Steiner, who has been ​president since 2019, will step down after reaching the maximum term ​in office.

Ammann, a former member ​of the Cantonal Government and Head ‌of ⁠the Department of Economic Affairs, Energy and Environment of the Canton of Bern, has been ​a ​member of ⁠the SNB's Bank Council since 2019.

The Bank ​Council oversees and controls ​the ⁠conduct of business by the SNB, notably regarding compliance with ⁠legislation, ​regulations and directives, ​but does not decide monetary policy.

Reporting by ​John Revill Editing by Linda Pasquini

Source: Reuters


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