Group Executive Board

The Group Executive Board comprised the following persons as at December 31, 2024:

Gebhard Giselbrecht has been CEO of Bellevue Group and a member of the Group Executive Board since 1 January 2024. Michael Hutter (former CFO) stepped down from the Group Executive Board on 29 February 2024 and left Bellevue Group at the end of March 2024. His function as CFO and member of the Group Executive Board was taken over by Stefano Montalbano as of 1 March 2024. Markus Peter (Head Products & Investments) and Patrick Fischli (Head Distribution) were also appointed members of the Group Executive Board as of 1 March 2024. Fabian Stäbler (COO) was also appointed as a member of the Group Executive Management with effect from 1 July 2024.

Additional information on the members of the Group Executive Board:

CEO BELLEVUE GROUP

Gebhard Giselbrecht

Gebhard Giselbrecht has been CEO of Bellevue Group since 2024. He has extensive experience in asset management in the areas of strategy, sales, management/COO and in the development of new business areas. He has held key positions in asset management at Credit Suisse since 2006 and worked for McKinsey & Company for seven years. Gebhard Giselbrecht holds a degree from the University of St. Gallen and an MBA/MBI from the Rotterdam School of Management.

CFO BELLEVUE GROUP

Stefano Montalbano

Stefano Montalbano joined Bellevue Group in 2014 as Head of Finance & Controlling and has held the position of CFO and CRO since 2024. Prior to this, he worked for over 3 years as an auditor at KPMG, where he worked in the Audit Financial Services division. Prior to that, he gained extensive experience in accounting and controlling at various Swiss banks. He holds a federal diploma in accounting and controlling.

HEAD DISTRIBUTION

Patrick Fischli

Patrick Fischli joined Bellevue Asset Management in 2009 and is currently Head Distribution and has been a member of the Group Executive Board since 2024. He previously held various management positions during his almost 10 years with Julius Baer Group, where he rose to the rank of executive director and ultimately held sales responsibility for the group’s investment funds in Switzerland. He was previously responsible for sales activities in Germany. Prior to joining Julius Baer, he spent 2 years with UBS AG working on various strategic projects. Patrick Fischli has a degree in operational engineering from the Swiss Federal Institute of Technology at Zurich (ETH) and is a CEFA charterholder.

HEAD PRODUCTS & INVESTMENTS

Markus Peter

Markus Peter has been Head Products & Investments at Bellevue Asset Management since 2009 and a member of the Group Executive Board since 2024. He previously held several management positions during his 10 years with Julius Baer Group, including head product management and development, investment advisory as well as a product specialist for absolute return products. Prior to joining Julius Baer he was employed by IBM, treasury and project finance, as well as by Swiss Bank Corporation, equity and equity derivative trading. Markus Peter holds a master in business economics from the University of St. Gallen (HSG).

COO BELLEVUE GROUP

Fabian Stäbler

Fabian Stäbler has been COO of Bellevue Group since 2024. He has many years of experience in asset management, both in strategic and operational functions. He has worked for Credit Suisse Asset Management since 2009, including as Head Business Management for the Equities business in Zurich, as COO Asset Management in Singapore and as part of the Regional Management Team for Switzerland and the EMEA region. He previously worked for Swiss Life Asset Management. Fabian Stäbler studied industrial engineering at the University of Applied Sciences Northwestern Switzerland (Dipl. Ing. FH).

Further mandates of the members of the Group Executive Board are shown in the remuneration report.

Statutory rules in relation to the number of permissible activities of the Executive Board pursuant to Article 626(2)(1) 

Pursuant to Art. 30 of the Articles of Association, subject to prior approval of the Board of Directors or the Compensation and Nomination Committee, the members of the Executive Board may each execute a maximum of ten activities, of which a maximum of two in listed companies. Excluded from this are activities in legal entities controlled by the company or which control the company. Also excluded from the restrictions are activities in foundations, charitable institutions and employee pension funds; however, these are restricted to a maximum of ten such activities.

According to Art. 30 of the Articles of Association, the term «activity» within the meaning of this provision refers to membership in the highest management and administrative bodies of other companies with a commercial purpose. Several activities in legal entities which are under unitary control or under the control of the same beneficial owner are considered to be one activity.