Avaloq has appointed a Group Chief Markets Officer and Deputy CEO for the group. The former SunGard executive will join the company as of 1 June 2016.

With Juerg Hunziker, Avaloq wins a proven expert and experienced international leader, according to a statement sent on Thursday. He has over 30 years of experience and brings with him a wealth of knowledge from the financial software, technology and banking industries. Hunziker joins Avaloq’s Group Executive Board from SunGard, where he spent 27 years.

Notable Milestones

Among other major achievements, he founded SunGard Europe and played an essential role in launching and bringing to market several award winning capital market solutions. Most recently, he acted as SunGard’s group president for the global trading, risk and private banking software and services business.

«Juerg Hunziker distinguishes himself with his industry expertise coupled with a strong emphasis on customer-centricity. His market knowledge and understanding will help Avaloq to further capitalise on the opportunities offered by the ongoing transformation and digitalisation of the financial market,» said Francisco Fernandez, CEO of the Avaloq group.

Mentoring and Support 

Avaloq’s current Group Chief Marketing Officer (CMO), Peter Schoepfer, will provide Juerg Hunziker with active support to ensure a smooth settling in period and act as his sparring partner in the coming months. Peter Schoepfer will continue to be a member of the Group Executive Board and Board of Directors of the Avaloq group.

Hunziker holds a degree in economics and banking from the Zurich Business School and attended senior management education programs at both the University of Zurich and Stanford University. He started his career in the banking industry at UBS in capital markets trading.