Fides Appoints Elios Elsener as Chairman of the Board

Zurich, Switzerland – June 9, 2022– Fides Treasury Services Ltd., the global leader in multibank connectivity and communications, today announced that its Board of Directors has appointed Elios Elsener as the company’s new chairman, effective immediately.

Elsener will take over the role from Albert Angehrn, who has been nominated for a position on the Credit Suisse (Switzerland) Ltd. Board of Directors after a decade of helping steer Fides to increasing success. Under Elsener’s leadership, the Board and Fides’ executive team will continue to execute on the company’s strategy to drive forward its ambitious international growth.

Elsener, a financial markets executive with two decades of experience heading various teams under his belt, joined the Fides board in July 2021 and is currently Head of Corporate Banking Products & Sales at Credit Suisse.

“I am excited to become chairman of a talented team that is dedicated to supporting its impressive client community,” said Elsener. “I’m confident that together, we are well-positioned to advance our mission of making treasury more efficient, transparent and secure for corporates worldwide.”

In the past year, Fides has increased its global footprint and expanded its ecosystem of employees, partners and suppliers. Throughout this period of growth, the company has continued to invest in product development and has consistently received new accolades for its innovative solutions for treasury and finance professionals.

“We are thrilled to have Elios join us to spearhead a new phase of rapid business acceleration for Fides,” said Angehrn. “He is a proven technology and business leader who has been at the epicenter of change in financial markets before, and his expertise will help us take the business to the next level of global recognition.”

Fides CEO Andreas Lutz added, “As we look forward to continued success with Elios as our new chairman, we’d also like to thank Albert for his fantastic leadership over the years, and congratulate him on his nomination to the Credit Suisse (Switzerland) Ltd. Board.”

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to making financial operations as efficient, transparent and secure as possible for all organizations. More than 3,500 clients rely on Fides for efficient cash and liquidity management, through connectivity to more than 13,000 banks and comprehensive workflow, reporting, conversion, validation and security services. Whether you access via the secure Fides Multibanking Suite or leverage our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.

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