Swissquote Names Nestor Verrier as Next COO

(Source: LinkedIn)

Swissquote, Switzerland's market leader in online banking, announced today that it has appointed Nestor Verrier as the next Chief Operating Officer (COO), succeeding the current COO, Lino Finini, who will retire at the end of 2023. Verrier will assume the role on January 1, 2024.

Based in Luxembourg, Nestor Verrier has been serving as the General Manager of Swissquote Bank Europe since 2019. With 20 years of experience in the international banking sector, he has held various leadership roles involving operations, IT development, and security analysis.

Verrier studied at the Université de Technologie of Belfort-Montbéliard and the Université de Lorraine (UFR Mathématiques, Informatique et Mécanique) in Metz and graduated with a Master's Degree of Management and Information Technologies.

Marc Bürki, CEO of Swissquote, commented: "We are pleased to welcome Nestor as our new COO from January 2024. He is highly valued by our team for his leadership work. With his international and technologically oriented background, he was the natural successor of our COO, who will retire at the end of the year."

Nestor Verrier will succeed Lino Finini, who has worked for Swissquote since 2001 in various leadership positions and as its COO since 2019. Lino Finini is stepping down to retire on 31 December 2023.

Marc Bürki said: "Swissquote would not be where it is today without Lino's insightful, resolved leadership and many successful initiatives. We wish him the best for the next chapter in his life."

The banking giant last month published its financial results for the first half of 2023​, recording a record-high net revenues of CHF 265.6 million and client assets of CHF 56.9 billion.