Urner Kantonalbank (UKB) has appointed a new member to its executive board.
Hanspeter Furger was previously head of processing at the bank and will take up the executive board seat of Claudio Deplazes, the current head of the bank's Market Unit, who is set to leave at the end of September.
Furger joined the bank in 1987.
Commenting on the appointment, the president of the bank council, Heini Sommer, said: 'We are very pleased that he accepts responsibility in a demanding financial and banking environment, thus ensuring consistency and security to the company.'
The bank thanked Claudio Deplazes for his time at UKB.