Swiss National Bank (SNB) Governing Council Chairman Thomas J. Jordan (pictured) will step down at the end of September 2024, the bank announced on Friday. Jordan assumed the management of the SNB in January 2012.
"Having met the various challenges of recent years, now is the right time for me to step down. It has been a great privilege to serve the SNB and the interests of the country as a whole. I would like to thank the Bank Council, the Governing Board and the SNB's staff for the excellent and collegial working relationship," Jordan said.
The Bank Council and the Governing Board "greatly regret Thomas Jordan's decision, and express their sincere thanks for his many years of outstanding commitment in the interests of a stability-oriented monetary policy, and for his excellent service to the SNB and the country."
