Patrik Gisel, CEO of Raiffeisen Switzerland, has been elected to the board of Schweizerische Management Gesellschaft (SMG), a platform for Swiss top executives to exchange views. Zeno Staub, the head of Vontobel, has decided to leave after eight years, SMG said in a statement today.

Thomas Ladner, the president of Quantum Global Investment, has also left the board of SMG.

The networking organization has some 1,200 members, executives from a wide range of Swiss companies. Now, Raiffeisen and Vontobel, which have been fighting each other tooth and nail over the past years, happily pass the baton at SMG.