Raiffeisen Schweiz announced a reorganization of its executive leadership alongside half-year results and cost-cutting measures, aiming to enhance customer orientation and execution capacity. The restructure, effective October 1, 2026, consolidates operations into six departments: Retail Clients, Corporate Clients & Trading, Products & Solutions, Finance & Banking Services, IT, and Risk & Compliance.
The two customer-facing units—Retail Clients and Corporate Clients & Trading—will be led by new appointees. Philipp Ackermann, interim head of Corporate Clients, Treasury & Markets since September 2025, will take over Corporate Clients & Trading. Ackermann, a Raiffeisen employee since 2015 and previously head of Treasury, brings 40 years of experience in treasury, trading and finance. His prior roles included positions at Coutts Bank, Clariden Leu and UBS.
Patrick Lehner, a partner at Boston Consulting Group since November 2023, will lead the Retail Clients department from November 1, 2026. Lehner previously held leadership roles at Credit Suisse and UBS.
Two senior executives will depart as part of the changes. Roland Altwegg, a Raiffeisen employee since 2007, and Helen Fricker, the bank’s only female executive board member since 2011, will leave the company in September 2025.
Raiffeisen CEO Gabriel Brenna stated the appointments would strengthen execution and support growth and innovation goals, positioning the bank to better capitalize on opportunities and serve clients and Raiffeisen banks.
