Leonteq announces change in its Executive Committee

Leonteq AG (SIX: LEON), the independent technology and service provider for investment solutions, today announced that its Board of Directors has appointed Marco Amato, currently Partner at Ernst & Young AG, as new Chief Financial Officer and member of the Executive Committee as of 1 September 2016. He will succeed Roman Kurmann, who has decided to step down to take a leave of absence from work for family reasons and pursue new opportunities in the future.

Marco Amato (1981), a Swiss and Italian citizen, is currently a Partner in the Assurance Financial Services Switzerland organization and a member of the Financial Services organization leadership team at Ernst & Young, which he joined in 2006.

As a client service partner for financial services key accounts, Marco Amato has vast experience in auditing financial statements in accordance with both national and international accounting standards. In over ten years in advisory, he has gained in-depth knowledge of the front-, middle-, and back-office operations of financial institutions, and has led a significant number of large cross-border projects as well as regulatory and tax transformation programs.

Marco Amato holds an Advanced Master of International Business Law (LL.M.) from the University of Zurich and a Master of Business and Economics from the University of Basel, and is a Swiss Certified Public Accountant.

Roman Kurmann: “Establishing Leonteq’s finance function as a listed company has been a fascinating experience and a demanding challenge. I have taken the decision to leave Leonteq to travel with my children before they reach school age, and I will pursue new opportunities in the future. As a shareholder, I will retain close ties with Leonteq going forward.”

Jan Schoch, Chief Executive Officer: “I respect Roman’s decision, and we owe him enormous thanks for all he has done for Leonteq. He will remain in his position until Marco Amato takes over later this year, and will ensure a smooth transition. In Marco I’m convinced that we have found an excellent successor as CFO. He brings a wealth of experience in all financial matters, as well as a deep understanding of financial services operations and the environment we’re working in. Together with the whole Executive Committee, I’m very much looking forward to working closely with Marco in the future.”