Effective immediately, Peter Wittich, Silvio Jagunic, and Guido Terruzzi will lead the operations of Feri in Switzerland, as stated in a Thursday announcement. Wittich assumes the role of CEO from Jagunic, who will focus on investment topics as Deputy Chairman.

Terruzzi succeeds Maurizio Genoni, who is retiring following the integration of asset manager Limmat Wealth and upon reaching the age of 70. Feri (Switzerland) has been authorized by Finma as a collective investment scheme manager since 2007.

New Roles

Wittich has been with the Bad Homburg-based group for over a decade, initially in various leadership roles across different fund management areas. In 2021, he became Vice President of the Board of Directors at Feri (Switzerland) and joined the executive team in 2022.

Jagunic now serves as Deputy CEO, continuing his responsibility for portfolio management and overseeing the entire department. Additionally, he manages various public funds and specialized funds for UHNWIs, and leads the expansion of diverse investment strategies.

Clear Signal

Terruzzi, who has been with LimmatWealth since 2010 and brings extensive wealth management experience, assumes responsibility for the entire retail client sector. His tasks include client management, acquiring new clients, and implementing and adhering to various client investment strategies.

«These personnel adjustments by Feri in Switzerland send a clear signal of continuity and stability,» emphasized Wittich.

Changes in the Board of Directors

Regula Hotz, an electrical engineer and food scientist, becomes the new Vice President of the Board of Directors at the Swiss Feri branch. She has been a member of the supervisory board for several years and is the owner and CEO of Jakob Kowner, a third-generation family business specializing in electrical installations and IT. She possesses a comprehensive network within the Swiss business community.

Frank Straatmann serves as Chairman of the Board of Directors in Switzerland. Feri operates in Zurich with over 20 employees, providing expertise in asset management and consulting for private and institutional investors. It contributes innovations within the group, facilitating the development and implementation of novel investment approaches.