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Migros Bank Seeks Retail Banking Head After Schawalder's Departure

Markus Schawalder, head of retail banking and executive board member at Migros Bank, is leaving to pursue new professional opportunities.

Markets Desk · 18 Aug 2026 · 13:06 · 1 min read
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Migros Bank Seeks Retail Banking Head After Schawalder's Departure
Photo: Ank Kumar / Wikimedia Commons, CC BY-SA 4.0

Migros Bank has initiated a search for a new head of its private clients division following the resignation of Markus Schawalder.

Schawalder, who also served as a member of the executive board, decided to leave the institution in order to take on a new professional challenge. The bank has commenced the recruitment process to find a successor for his dual role on the executive board and at the head of the retail banking unit.

This article was produced with AI assistance by the Finance Review Daily markets desk.
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