SNB Chairman Thomas Jordan Announces Resignation

Thomas Jordan, chairman of the Swiss National Bank, will step down at the end of September after over a decade in the role.

Thomas Jordan has led the Swiss National Bank since January 2012 and will resign at the end of September 2024.
Jordan's departure is not influenced by the Credit Suisse crisis, despite facing criticism for the SNB's handling of the situation.
Vice Chairman Martin Schlegel, Jordan's former intern, is considered a leading candidate to succeed him.
Critics have called for broader decision-making at the SNB following Jordan's dominant tenure.
The SNB has begun the search for Jordan's successor, with the Bank Council recommending a candidate to the Swiss cabinet.