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Federated Hermes opens first office in Switzerland

and expands Business Development team.

Press
9 September 2024
Pascal Weber, Director - Business Development for Switzerland, to be based in the new office.

Federated Hermes Limited, a global leader in active, responsible investment management, is strengthening its presence in Europe with the opening of a new office in Zurich, Switzerland. The investment manager has also appointed Pascal Weber as a Director – Business Development for Switzerland, who will be based in the new office. The expansion of its footprint and team reflects Federated Hermes’ commitment to strengthening its presence in the region, enhancing client engagement, and delivering exceptional value for clients.

 
In his new role, Weber will report directly to Angelo Natale, Head of Business Development, CEMEA, focusing on expanding the third-party business, with particular emphasis on the Swiss wholesale market. In the new office, Pascal will work alongside Michael Kalenberg, Director – Business Development for Switzerland, who joined Federated Hermes in 2014 and is responsible for business development and relationship management with Swiss Institutional clients. Weber brings over 20 years of extensive experience in the financial services industry, across business development and client management. Prior roles include Head of Business Development and Client Coverage at Credit Suisse AG, Head of Swiss Accounts at PGIM Investments and Director for Financial Institutions at AllianceBernstein.

Angelo Natale, Head of Business Development CEMEA at Federated Hermes Limited

“The expansion of our client base and the enhancement of our investment solutions in Switzerland are essential components of Federated Hermes‘ growth plans. We have had an active sales presence in Switzerland for the past decade and we are excited to open our first office in the region; our physical presence on site enables us to deepen our customer relationships and strengthen our position in the market. This also presented a great opportunity to expand the team with the appointment of Pascal, marking our first onshore hire that is dedicated to the wholesale market. His proven track record of building and maintaining deep client relationships and thorough understanding of the Swiss wholesale market will be instrumental in achieving our growth objectives.”

Pascal Weber, Director for Business Development for Switzerland, Federated Hermes Limited

“Federated Hermes is a very strong brand internationally, with an excellent range of client-centric solutions. We see an excellent opportunity for growth in the Swiss market and I’m excited to be a part of these expansion plans.”

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