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Thomas Jordan confirmed as head of Swiss National Bank (photo: dpa)

Thomas Jordan appointed chairman of the Swiss National Bank

The Swiss government this week announced the appointment of Thomas Jordan as chairman of the SNB – a move seen by international investors as bringing a sense of certainty to the country’s central bank.

CENTRAL banks depend on one of their most important assets - their reputations. This is particularly true of the Swiss National Bank (SNB) which this week confirmed the appointment of Thomas Jordan as chairman.

And it is that reputation and maintaining a sense of stability which Mr Jordan has stressed is, and will be, at the heart of the SNB.

Since September 2011, the SNB has been pursuing a minimum rate of SF1.20 to the ...

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Dr. Christoph Schaltegger
Without this monetary policy measure, the overvaluation and high volatility of the Swiss franc could have continued unabated
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