March 01, 2024 06:39 GMT
MNI BRIEF: SNB's Jordan To Step Down In September
(MNI) LONDON
(MNI) London
SNB head Jordan said now 'is the right time' to stand down
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Swiss National Bank Governing Board chair Thomas Jordan will step down from his position at the end of September 2024, the bank announced Friday.
Jordan, an SNB staffer since 1997, played a pivotal role in the development of the new monetary policy strategy introduced at the end of 1999, then becoming an Alternate Member of the Governing Board in 2004. In May 2007 he was appointed Member of the Governing Board.
Jordan assumed the management of the SNB, initially on an ad interim basis and then from April 2012 as Chairman of the Governing Board, said "‘Having met the various challenges of recent years, now is the right time for me to step down".
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