SSVP names new vice president as membership extended to buy-side
The Swiss Structured Products Association (SSVP) has named a new vice president following the retirement of the previous VP. Professor Dr. Paolo Vanini, who is a physicist, was elected to the role to replace Peter Scot at the association’s annual general delegates’ meeting last week. Vanini is head of Zurcher Kantonalbank’s structured products trade and sales and a member of the Swiss Banking Institute of the University of Zurich .
The meeting also saw the SSVP take the decision to offer passive membership to other participants in the industry, in a move to broaden its support base, says association CEO Eric Wasescha. The trade body is currently made up of 17 major Swiss issuers who represent 95% of the country’s structured products market, but will now expand to allow non-issuing entities to apply for non-active membership. The invitation will be extended to buy-side vendors, auditors, legal entities and other firms or
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