A board change has been announced at Switzerland-based SIX Exchange Group AG, which operates international, national and regional exchanges across the Spanish and Swiss financial centres and recently agreed to buy Aquis Exchange Plc, London’s challenger stock market.

After nine years as the chief financial officer CFO of SIX and member of the executive board, Daniel Schmucki will step down from his position “and pursue new professional opportunities” outside of SIX.

“Daniel Schmucki joined SIX in 2017 and has played an important role in defining the Group’s financial strategy and the development of the company’s financial profile,” said SIX Exchange Group.

“Under Daniel Schmucki’s leadership, the CFO area of SIX was fundamentally restructured and realigned, making an important contribution to the successful further development of the company.

“In addition, SIX successfully issued the world’s first digital bond in 2021 during his tenure, thereby innovating and supporting the capital market readiness of SIX.”

SIX Exchange Group CEO Bjørn Sibbern said: “On behalf of the board of directors and the executive board, I would like to thank Daniel for his great commitment.

“He has shaped SIX over many years through his high level of professional expertise and personal engagement. His reliability and strong sense of responsibility have contributed significantly to the development of SIX.

“We look forward to Daniel supporting the group during the transition of responsibilities over the coming months and thank him for his continued contribution.”

Schmucki will continue in his role as CFO “until his succession is defined and a seamless transition can be ensured.”