SWITZERLAND - The e18bn Swiss Federal Pension Fund (PUBLICA) has named Susanne Houry as its new head of asset management in place of Felix Senn, who has been appointed as head of the Treasury from August 1, 2004.
Houry was previously head of asset management at the Bank Leu and will take charge on September 1, 2004.
Senn succeeds Peter Thomann as Treasurer. Thomann has retired after 33 years in service.
Senn’s nomination was proposed by Peter Siegenthaler, director of the Federal Administration of Finance (AFF) and was approved by federal advisor Hans-Rudolf Merz.
Senn has been the head of asset management at PUBLICA since 2000. Previously, he has worked with the Swiss Company of Reinsurances (Swiss Re), Swiss Credit in Zurich and with International Novartis in Basle.
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