Change of boss at bank –
Raiffeisen Switzerland boss Heinz Huber unexpectedly resigns
The Raiffeisen boss is stepping down at the end of the year. He wants to become President of the Graubünden Cantonal Bank in July 2025.
Published today at 7:21 am
Moves from Raiffeisen to Bündner Kantonalbank: Heinz Huber.
Photo: Michael Buholzer (Keystone)
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Raiffeisen Switzerland boss Heinz Huber is retiring at the turn of the year. This means that Switzerland’s second largest banking group after UBS is looking for a new CEO.
After almost six years, Huber will step down from his role as CEO on December 31, 2024, Raiffeisen Switzerland announced on Wednesday. As of July 2025, he wants to move to the strategic management level and become President of the Graubündner Kantonalbank (GKB).
On January 1, 2025, Christian Poerschke, Head of the Finance and Services Department and Deputy Chairman of the Management Board at Raiffeisen Switzerland, will take over on an interim basis. The board of directors initiated the succession process.
Expansion of the business
“Heinz Huber took over as CEO of Raiffeisen Switzerland at a very demanding time and has always successfully managed the company carefully and with a steady hand,” said Chairman of the Board of Directors Thomas Müller in the statement. The entire supervisory board thanked him “for his great commitment”.
Huber has been head of Raiffeisen Switzerland since January 7, 2019. During this time, he played a key role in shaping the further development of the banking group, it said. Over the past six years, Raiffeisen has expanded all business areas.
This means that last year’s income reached 4.1 billion francs (+15%). Raiffeisen Switzerland increased its profit by 17.7 percent to 1.39 billion. The cooperatively organized banking group with almost 220 Raiffeisen banks employs over 11,000 people.
Fanconi successor
The Graubündner Kantonalbank (GKB) announced at the end of July that bank president Peter Fanconi would resign early at the PS meeting in 2025. He was originally re-elected for a third term from 2022 to the end of March 2026.
Fanconi recently came under pressure from investor René Benko in connection with GKB’s controversial lending to the collapsed Austrian real estate group Signa. However, the test report commissioned in this regard exonerated the president.
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